Maruti Suzuki India to hike car prices for the third time, starting April 2025

In January 2025, the company had hiked prices by 4%, while the announcement was made for the same in December.

Prices were hiked by a similar quantum in February as well, with the quantum ranging between 1% and 4%.In a regulatory filing, Maruti Suzuki

stated that the price increase will vary depending on the specific model. The company said it has diligently worked to absorb the increasing costs through internal efficiencies and cost optimisation measures. However, it feels, a portion of the burden must now be passed on to consumers to sustain operations and maintain product quality.

“While the company continuously strives to optimise costs and minimise the impact on its customers, some portion of the increased cost may need to be passed on to the market,” Sanjeev Grover, Executive Officer and Company Secretary, Maruti Suzuki India, said in the official notification.

This price adjustment follows similar announcements from other automotive manufacturers who are also grappling with increased raw material prices, supply chain disruptions, and inflationary pressures.

Industry analysts predict this trend may continue throughout the year as the global economy navigates these challenges.

Maruti said the company remains committed to providing value-driven mobility solutions to its customers and will continue to focus on delivering quality products and services.

Shares of Maruti Suzuki India have surged to the day’s high post this announcement, currently trading 1.9% higher at ₹11,732. The stock is still 15% below its record-high level of ₹13,680.