Price Revision Due to Rising Costs
Maruti Suzuki, India’s largest carmaker, has announced a price hike across seven car models, effective April 8, 2025. The Grand Vitara will witness the steepest increase, with prices going up by ₹62,000. The price adjustments come amid rising input costs and operational expenses, which the company says have left it with no choice but to pass on a portion of the burden to consumers.
“While the company is committed to optimising costs and reducing the impact on its customers, the company is constrained to pass on some of the increased expenses to the market,” Maruti Suzuki stated in an exchange filing.
Grand Vitara will see the highest price hike of ₹62,000.
The company cites rising input and operational costs as the reason for the revision.
The price hike will be effective from April 8, 2025.
Detailed Price Hike Across Models
Along with the Grand Vitara, six other models will also see price revisions. The increases vary across different models, with the Eeco MPV getting a ₹22,500 hike, while the Wagon-R, Ertiga, and XL6 will see their prices rise by up to ₹14,000, ₹12,500, and ₹12,500, respectively.
| Model | Price Increase (Ex-Showroom) |
|---|---|
| Grand Vitara | Up to ₹62,000 |
| Eeco | Up to ₹22,500 |
| Wagon-R | Up to ₹14,000 |
| Ertiga | Up to ₹12,500 |
| XL6 | Up to ₹12,500 |
| Dzire Tour S | Up to ₹3,000 |
| Fronx | Up to ₹2,500 |
The move follows Maruti’s previous announcement on March 17 that it would implement a price increase of up to 4% across its lineup in April 2025. The extent of the hike varies by model, influenced by specific input cost escalations.
Eeco sees a price increase of ₹22,500, making it the second-largest hike after Grand Vitara.
Wagon-R and Ertiga prices will rise by ₹14,000 and ₹12,500, respectively.
Fronx and Dzire Tour S will have the smallest increases, at ₹2,500 and ₹3,000.
Industry-Wide Trend: Other Automakers Also Raising Prices
Maruti Suzuki is not alone in implementing price hikes. Other major automakers like Mahindra & Mahindra and Tata Motors have also announced upcoming price increases, citing higher material and production costs. With inflationary pressures mounting on raw materials like steel, aluminum, and semiconductors, automakers are adjusting pricing strategies to maintain margins.
Maruti joins Tata Motors and Mahindra & Mahindra in hiking prices due to rising input costs.
Steel, aluminum, and semiconductor price inflation are major cost drivers.
Operational expenses have also increased, contributing to the price adjustments.
Maruti’s March 2025 Sales Performance
Maruti Suzuki reported a 3% year-on-year increase in total sales for March 2025, selling 1,92,984 units compared to 1,87,196 units in March 2024. However, on a month-over-month basis, sales dipped by 3.2% from 1,99,400 units in February 2025.
March 2025 sales: 1,92,984 units (+3% YoY growth).
Compared to February 2025, sales declined by 3.2%.
Maruti continues to maintain its position as India’s top passenger carmaker.
What This Means for Consumers
With price increases across multiple models, prospective buyers may look to advance their purchases before April 8 to avoid the higher prices. While Maruti has assured efforts to optimize costs, the hikes suggest that material and operational cost pressures continue to be a challenge for the auto industry.
Consumers looking to buy a Maruti Suzuki car may consider purchasing before April 8.
Price hikes signal broader inflationary pressures in the auto sector.
The industry is experiencing cost escalations that are affecting vehicle affordability.
