Maruti Suzuki India Ltd.

Maruti Suzuki India is planning to increase vehicle prices from January next year to offset the impact of the rise in input costs. The price increase would vary from model to model. Over the past year, the cost of the company’s vehicles continues to be adversely impacted due to an increase in various input costs. Therefore, it has become imperative for the company to pass on some impact of the above additional costs to customers through a price hike. The price rise has been planned for January 2022, and the increase shall vary for different models.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.