In a regulatory filing, Maruti Suzuki has announced that it will increase prices on selected vehicles by up to Rs 20,000, with the revision taking effect in September 2026. This will be the brand’s third price hike in this financial year, with the previous two having come in June and August, respectively.
- Rising input costs cited as reason for hike
- This is the third price hike from 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, with inflationary pressures persisting, the company indicated it had reached a point where passing on a portion of those costs to the market became necessary. The filing noted that the increase being transferred to consumers represents only a 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. Several automakers have responded with periodic price revisions, and Maruti Suzuki has followed this pattern on multiple occasions.