The unit of Japan's Suzuki Motor did not say how much prices
of cars would go up by, or which models will be impacted.
Maruti joins rival Tata Motors and two-wheeler
maker Hero Motocorp , who have also said they would
raise prices by 5% and 2% respectively, as they grapple with
increased costs to meet new emission norms.
India plans to implement Bharat Stage VI norms from April,
which require automakers to fit their vehicles with a special
device to monitor emissions, leading to extra costs.
India's total passenger vehicles sales volume grew 11% in
February to a record high, the Society of Indian Automobile
Manufacturers (SIAM) said earlier this month.
Meanwhile, retail inflation in India likely eased a bit last
month but stayed above the Reserve Bank of India's upper
threshold for a second straight month, according to a Reuters
poll.
(Reporting by Aleef Jahan in Bengaluru; Editing by Dhanya Ann
Thoppil and Nivedita Bhattacharjee)
(Adds details)
BENGALURU, March 23 (Reuters) - Maruti Suzuki India Ltd said on Thursday it would raise prices across models
come April, as high domestic inflation and new emission norms
pressure the country's top car maker.
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