In light of rising input costs and operational expenses, the company has planned to increase the prices of its cars from April, the country’s largest carmaker said in a regulatory filing.
The price increase is expected to be up to 4 per cent and will vary depending on the model, it added.
While the company continuously strives to optimise costs and minimise the impact on its customers, some portion of the increased cost may need to be passed on to the market, it noted.
In January, the company had announced to hike prices by up to Rs 32,500 across various models from February 1.