‘Move to help offset rise in input costs’

Country’s largest carmaker Maruti Suzuki India Ltd. (MSIL) said on Wednesday that it had increased prices across models by up to ₹17,000 in order to partially offset rise in input costs.

In a regulatory filing, MSIL said the increase will range between ₹1,700 and ₹17,000, across models, owing to increase in commodity, administrative and distribution costs.

The company sells a range of models starting with hatchback Alto 800 to premium crossover S-Cross, priced between ₹2.45 lakh and ₹11.29 lakh (ex-showroom Delhi).

The automobile company had said last month that it would take a price increase from this month.

Tata Motors has already increased prices of its vehicles by up to ₹25,000 from January 1.

Various automobile makers including Hyundai Motor India, Honda Cars, Mahindra & Mahindra have already announced price increases from this month.