Maruti Suzuki India Limited (MSIL), India's leading automobile manufacturer, has announced a price increase across several of its models, citing rising input costs, operational expenses, regulatory changes, and feature additions. This price revision will come into effect from April 8, 2025.

Details of the Price Hike: The company has conveyed this development to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) through an official notice. According to the statement, despite Maruti Suzuki’s commitment to optimizing costs and minimizing the impact on customers, the company has been compelled to pass on a portion of the rising expenses to the market.

The model-wise price increase is as follows:

Grand Vitara: Price increase of up to ₹62,000.

Eeco: Price increase of up to ₹22,500.

Wagon-R: Price increase of up to ₹14,000.

Ertiga: Price increase of up to ₹12,500.

XL6: Price increase of up to ₹12,500.

Dzire Tour S: Price increase of up to ₹3,000.

Fronx: Price increase of up to ₹2,500.

Reasons Behind the Price Increase: Maruti Suzuki has attributed the price hike to multiple factors, including:

Rising Input Costs: Increasing prices of raw materials such as steel, aluminum, and plastics.

Operational Expenses: Higher logistics and labor costs.

Regulatory Changes: Compliance with new government regulations that require additional modifications to vehicle specifications.

Feature Additions: Enhancements in vehicle technology, safety, and performance.

Impact on Consumers: For prospective buyers, this means that purchasing a Maruti Suzuki vehicle will now cost more. Customers who were considering buying a Maruti Suzuki model may need to finalize their purchase before April 8, 2025, to avoid the price hike.

Maruti Suzuki's decision to increase prices reflects broader industry trends, where automobile manufacturers are adjusting their pricing strategies in response to rising operational costs. As always, consumers are advised to stay informed and plan their vehicle purchases accordingly.

Disclaimer: This article is for informational purposes only and is based on an official communication from Maruti Suzuki India Limited. Prices and policy changes are subject to the company’s final decision, and readers should verify details with authorized dealers before making any financial commitments.