Maruti Suzuki India to hike prices to pass on input cost pressures

Kitco Media
By Reuters
Published:
Updated:
Reuters
BENGALURU, March 23 (Reuters) - Maruti Suzuki India , the country's top car maker, on Thursday said it plans to hike prices of its vehicles from April amid increased cost pressures due to inflation and regulatory requirements. The unit of Japan's Suzuki Motor said it has become imperative to pass on some of these pressures through a price hike, to partially offset the input cost rise.


(Reporting by Aleef Jahan in Bengaluru; Editing by Dhanya Ann Thoppil)

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