Maruti Suzuki to raise vehicle prices by up to ₹30,000 from August

Maruti Suzuki India will increase prices across its models by up to ₹30,000 from August 2026, citing input-cost inflation. It is the carmaker’s second price increase in two months, following a June hike. Mahindra, Tata, Kia, MG and Hyundai have also raised vehicle prices this year.

— Source publishedTue, 21 Jul, 2026, 17:20 IST·First seen Tue, 21 Jul, 2026, 17:40 IST·Source Business Today · Latest

What happened

Maruti Suzuki India · Maruti Suzuki will raise prices across models by up to ₹30,000 from August 2026, its second increase in two months, citing input-cost

Key facts

  • Maruti Suzuki: price increase of up to ₹30,000 from August 2026
  • Maruti Suzuki: prior increase of up to ₹30,000 in June 2026, announced May 21
  • Mahindra & Mahindra: average SUV price increase of 2.7% effective July 10, 2026
  • Mahindra & Mahindra: prior ICE SUV increase of up to 2.5% in April 2026
  • Tata Motors Passenger Vehicles: ICE and EV price increase of up to 1.5% effective July 1, 2026
  • Tata Motors Passenger Vehicles: prior ICE vehicle increase of 0.5% effective April 1, 2026
  • Kia India: lineup price increase of up to 2% effective July 1, 2026
  • JSW MG Motor India: price increase of up to 3% effective July 1, 2026
  • Hyundai Motor India: car and SUV price increase of up to ₹12,800 effective June 1, 2026

Why this matters

Broad-based OEM price increases may make dealer-network, financing, and aftermarket partnerships more strategic as automakers seek to defend margins and preserve customer affordability.

What to watch

  • July dealer dispatches, retail registrations and booking trends versus August-September normalization.
  • Change in average discount levels, especially on entry hatchbacks, compact sedans and slower-moving variants.
  • Commodity prices, INR movement, supplier price revisions and freight costs.
  • RBI policy, auto-loan interest rates and consumer-finance approval rates.
  • Whether Hyundai, Tata, Mahindra, Kia and MG announce further hikes or offset pricing through incentives.
  • Maruti's monthly market share, average selling price and inventory days after the increase.
  • Maruti dealers promote pre-August delivery, exchange bonuses and finance schemes to convert pending enquiries before revised prices take effect.
  • Competitors review selective hikes, variant-level repricing or added-feature packaging rather than broad list-price increases.
  • OEMs and suppliers intensify cost-reduction efforts, including localization, component renegotiation and production-mix optimization.
  • Finance partners may extend loan tenures or subsidize rates to keep monthly EMIs stable for entry and compact segments.