New Delhi: India’s largest automaker, Maruti Suzuki India Limited (MSIL), announced on Monday that it is increasing the prices of select car models by up to ₹20,000 starting this month.
Unlike the previous two rounds of price increases earlier this year—which applied across the automaker’s entire vehicle portfolio—the latest price adjustment will be selective, impacting only specific models.
In an official regulatory filing on Monday, Maruti Suzuki stated:
"In view of the continuous sustained increase in input costs, the company has decided to increase the prices on selected models by up to Rs 20,000. This increase in prices would come into effect in September 20
The carmaker highlighted that it has been implementing internal efficiency and cost-reduction measures over recent months to cushion consumers from rising operational costs.
"With inflationary burdens at elevated levels and the adverse cost environment enduring, the company is constrained to pass on a portion of the increased costs to the market, while continuing to ensure that the imp
The announcement comes right at the onset of India's high-demand festive season, when vehicle buying traditionally reaches its peak.
Despite broader market headwinds, investor sentiment surrounding Maruti Suzuki remained firm. Following the disclosure, shares of Maruti Suzuki rose by 0.6% to trade at ₹12,770 during morning trading on the BSE, outperforming the benchmark Sensex, which was down 0.6%.