Tata Motors on Friday said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs 36,000 from 1st April, to offset rising input costs.
“Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs,” Tata Motors said in a statement.
Under the revised price, the Indica will be costlier by Rs 7,000-Rs 9,000, Vista and Indigo CS by Rs 8,000-Rs 11,000 and Manza by Rs 10,000- Rs 15,000.
The Nano will, however, not be revised.
In the utility vehicles segment, depending upon the model, Sumo prices will go up by Rs 13,000- Rs 15,000, Grande by Rs 16,000- Rs 19,000, Safari by Rs 18,000- Rs 29,000, Aria by Rs 30,000- Rs 36,000 and Venture by Rs 9,000-Rs 12,000.