The major car manufacturer in India, Maruti Suzuki, will increase the prices of its entire lineup from April 8, 2025.
According to the automaker, the price hikes are attributed to an uptick in input costs, operational costs, changes in regulations, and introducing some new features.
It is believed that the firm has been continuously optimizing its cost structure and trying to reduce economic burdens on customers. However, those increased expenses now have to be partly absorbed by customers. The new hike comes after a similar increase of 4 percent in January 2025, a series of consecutive price rises in February, and most recently the price revision. Some models will see even higher jumps in prices, with the Maruti Suzuki Grand Vitara witnessing the steepest increase up to Rs 62,000.
How Much More Will You Pay? Model-Wise Price Hike Breakdown
For prospective buyers of a Maruti Suzuki vehicle, this chart lists how the price rise will affect different models:
Grand Vitara: Price increase of up to Rs 62,000.
Eeco: Price rise of up to Rs 22,500.
Wagon-R: Price rise of up to Rs 14,000.
Ertiga: Price rise of up to Rs 12,500.
XL6: Price increase of up to Rs 12,500.
Dzire Tour S: Price rise of up to Rs 3,000.
Fronx: Price increase of up to Rs 2,500.
Thus, this price adjustment means buyers wanting to acquire any of these models will have to dish out more from April 8 onward. The maximum increase in price for those considering Maruti Suzuki's top-tier Grand Vitara will be the whopping Rs 62,000.
Why is Maruti Suzuki Increasing Prices?
The price hike has been justified mainly by the following reasons:
Higher Input Costs: The costs of raw materials like steel, aluminum, and semiconductors have increased, raising production costs.
Operational Expenses: The costs of logistics and manufacturing have increased in such a way that the price revision has become mandatory for the company.
Regulatory Compliance: The cost of compliance with new safety and emissions regulations has increased.
Feature Additions: Up till now, Maruti has also been putting many value-added features, thus increasing costs further.
Maruti Suzuki still keeps value-driven vehicles in provisions for customers who do not pass these prices, but it continues to pass on its regulatory compliance expense.
Is There Any Need to Buy Before the Hike?
Planning on buying a Maruti Suzuki? If so, the best time to seal the deal by spending your money would be before April 8, 2025 - when prices go up. Notably, the Grand Vitara, Eeco, and Wagon-R will see substantial jumps in prices, which means shoppers should head out to check out their options.
Although the company works in harmony to facilitate rising costs while still charging reasonable prices, this price hit really exemplifies the general increase across the country in India for the price of new cars. If you are going in for a fresh car, it is worth making the purchase before April 8. It will save you thousands of rupees.
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