(Reuters) – Maruti Suzuki India, the country’s top carmaker, said on Monday it will hike car prices by up to 4% from April 2025, due to rising raw material and operational costs.
The price increase will vary depending on the model, the company said.
The hike is the same 4% it announced in December last year, which came into effect in January.
The automaker had also raised prices in February for several models, with increases ranging from 1,500 rupees ($17.27) to 32,500 rupees.
Indian automakers are facing increased costs due to rising global commodity prices, high import duties on raw materials, and supply chain disruptions.
($1 = 86.8680 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru; Editing by Rashmi Aich)
