Two months after its last price hike, Maruti Suzuki on Monday announced through a BSE regulatory filing that it intends to raise prices yet again for certain car models. Costs are to rise by as much as ₹20,000 from September.
The car-maker said the price hike is due to rising input costs, even citing the same complaints of inflationary burdens and an adverse cost environment.
“The company has been making continuous efforts to mitigate the cost impact to the extent possible through cost reduction measures,” it said.
Auto component manufacturers require large amounts of LPG and PNG as they rely heavily on these gases for production processes such as coatings and surface treatments.
According to the Ministry of Petroleum and Natural Gas, India imports nearly 60 per cent of its LPG requirements. Out of this, 90 per cent comes through the Strait of Hormuz.
Hence, supply disruptions of LPG and PNG due to escalating geopolitical tensions in West Asia might be one of the primary factors affecting input costs for automakers.
Along with this, the supply of other raw materials required in the manufacturing, such as chemicals, synthetic rubber, aluminium scrap and petrochemical-based inputs like polypropylene, has also been delayed due to supply chain disruptions from West Asia. This is combined with increased costs of shipping the products and Trump’s security-based tariffs.
If the timeline of the price hikes is followed, it may be deduced that the company increases prices when the West Asia war escalates. In May 2026, the automaker announced a ₹30,000 price hike from June. The announcement followed an active U.S. naval blockade of Iranian ports.
In July 2026, the carmaker said it would increase the price for vehicle models across its platform by another ₹30,000 from August 2026 after a June ceasefire agreement broke down. Hence, the latest price hike might be a result of the escalating conflict.
However, the latest price increase does not apply across Maruti Suzuki’s entire vehicle portfolio as in the previous hikes. It will only revise costs for select models. The company assured that the impact on customers will be kept to a minimum.
Tata Motors also raised prices of its passenger vehicles by up to ₹25,000 from September 1. The increase applied to the entire passenger vehicle range.
