Maruti Suzuki Announces Fresh Price Hike of Up to ₹20,000 on Select Models from September

India's largest passenger carmaker, Maruti Suzuki India Limited, announced on Monday that it will raise prices on select models by up to ₹20,000 starting September 2026. In a regulatory filing with stock exchanges, the company said the decision reflects continuous increases in raw material and input costs alongside elevated inflationary pressures. Unlike earlier revisions applied across its entire passenger portfolio, this latest hike will be limited to select models and variants.

This marks the carmaker's third price increase since May, following an earlier portfolio-wide hike of up to ₹30,000 in August. Maruti Suzuki said management had carried out several internal cost-reduction measures over recent months to absorb the financial impact, but with production and logistics costs remaining stubbornly high, it was constrained to pass on a portion of the increased expenses to the retail market while trying to keep the impact on buyers minimal.

Following the announcement, Maruti Suzuki shares bucked broader market weakness in Mumbai, climbing 0.6% to ₹12,770 on the BSE even as the benchmark Sensex fell 0.6%. While the company has not yet released the exact list of affected models, the timing comes just ahead of the crucial festive sales season, when automakers typically balance price hikes with exchange bonuses and consumer discounts to sustain showroom footfall across their Arena and Nexa networks.