Maruti Suzuki India Ltd. (MSIL) on Monday announced that it planned to ramp up the prices of its vehicles in the upcoming fiscal year. The automaker said that it will be increasing the prices by up to 4 per cent and the revisions will come into effect from April 1, 2025.

The firm attributed this decision to mounting input costs and higher operational expenses, which have affected its overall profitability, reported PTI. This marked the third time in 2025 that the leading passenger car manufacturer in the country announced a price hike.

Earlier in January, the company increased prices of its vehicles by 4 per cent, following a similar announcement made in December. A hike was also implemented in February, where price adjustments ranged between 1 per cent and 4 per cent across various models.

Price Adjustments Across Models
Issuing a regulatory filing, Maruti Suzuki clarified that the extent of the price increase would differ based on the model. The company emphasised its continuous efforts to mitigate rising costs through efficiency measures and internal optimisations.

However, due to sustained cost pressures, some of the burden would inevitably be transferred to customers.

Sanjeev Grover, Executive Officer and Company Secretary, Maruti Suzuki India, noted, "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."

This adjustment comes as part of a broader trend in the automobile sector, where several manufacturers have been forced to revise pricing strategies. Escalating raw material costs, supply chain disruptions, and inflationary pressures have led automakers to take similar steps to maintain financial stability.

Despite the price hike announcement, Maruti Suzuki said that it remained committed to delivering high-quality, value-driven mobility solutions. The company assured customers that it would continue focusing on service excellence and product reliability.