Maruti Suzuki to Hike Vehicle Prices by Up to Rs 30,000 from August

Maruti Suzuki India announced on Tuesday that it will raise the prices of its vehicles across its entire lineup by as much as Rs 30,000, effective August 2026. The company cited continuous and sustained increases in input costs as the primary reason for the price revision.

In an exchange filing with the National Stock Exchange (NSE), Maruti Suzuki stated that it has implemented various cost reduction measures over recent months to mitigate the impact of rising expenses. However, persistent inflationary pressures and an adverse cost environment have made it necessary to pass on a portion of these increased costs to the market.

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You are kindly informed that in view of the continuous sustained increase in input costs, the Company has decided to increase the prices of its models across its portfolio by up to Rs. 30,000. This increase in prices would come into effect in August 2026.

"You are kindly informed that in view of the continuous sustained increase in input costs, the Company has decided to increase the prices of its models across its portfolio by up to Rs. 30,000. This increase in prices would come into effect in August 2026," the company said in its filing. The automaker emphasized its efforts to absorb costs, noting that the move is a constraint driven by the ongoing economic conditions.

The exact price increase will vary across Maruti Suzuki's product range. The company aims to minimize the impact on customers while acknowledging the necessity of the price adjustment due to elevated inflationary burdens and the continuing adverse cost environment. On Tuesday, Maruti Suzuki's share price saw a slight increase, closing at Rs 13,640 per share on the NSE.

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For the past few months, the Company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction measures. However, with inflationary burdens now at elevated levels and the adverse cost environment continuing, the Company is constrained to pass on a portion of the increased costs to the market, while continuing to ensure that the impact on customers is kept to the minimum extent possible.