The logo of Maruti Suzuki. File
\| Photo Credit: Reuters

Maruti Suzuki India Ltd, India’s biggest passenger vehicles company, on Tuesday (July 21, 2026) said it would increase the prices of its models across its portfolio by up to ₹30,000 due to continuous sustained increase in input costs.

This increase in prices would come into effect in August 2026, and the exact quantum of change will vary from model to model, the company said in a filing with stock exchanges.

It said that for the past few months, it had 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,” it stated in the filing.

Other car makers are expected to increase prices in the coming months. Some luxury car makers have already increased prices twice during this year.

Despite the price hike and high fuel prices owing to the West Asia conflict, there is no dearth in demand for vehicles and the sector is expected to grow double digit in this financial year according to industry executives.

Published - July 21, 2026 09:48 pm IST