In a regulatory filing, Maruti Suzuki has announced that it will increase prices of select vehicles by up to Rs 20,000, with the revision taking effect in September 2026. This will be the brand’s third price hike this financial year, with the previous two having come in June and August.
- Rising input costs cited as the reason for the hike
- This is the third price hike by Maruti Suzuki this financial year
The move follows a period in which the company attempted to absorb rising costs internally through cost-reduction measures. However, the company indicated that with inflationary pressures persisting, it had reached a point where passing on a portion of those costs to the market became necessary. The filing noted that the increase in prices represents only part of the total cost burden absorbed by the company.
Input cost inflation has been a concern across India’s automotive sector for several years. Rising prices of raw materials such as steel and aluminium, combined with elevated commodity costs and currency movements that affect the price of imported components, have put pressure on vehicle manufacturers’ margins.