Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M) is planning to increase prices of their models from next month, mainly to offset higher input and operational costs. However, the company has not decided by how much prices will be raised.

Mahindra passenger vehicles manufactured in the country retail between Rs 5.43 lakh and Rs 14.48 lakh (all prices ex-showroom Delhi).

Last month, Mahindra had reduced prices of its passenger vehicles by between Rs 13,000 and Rs 49,000, after the reduction of excise duty. Honda Cars India had also cut prices by as much as Rs 44,741.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.