Maruti Suzuki India Ltd, the leading automaker, has announced that from July, the pricing of its vehicles would increase. The firm stated in a regulatory document that some impact of increased costs on the consumer had become necessary. This increase in price varies for various models, it is also applied without the quantum price increase being specified.
Previously, in April the vehicle maker hiked pricing for several automobile models as varied input costs increased. In January, the auto manufacturer highlighted increasing input costs for several car models and higher pricing. Prices increased in accordance with the models and ranges by up to Rs.34,000.