As the Indian financial year turns a new leaf in April, automobile manufacturers are preparing to roll out a series of price hikes across their vehicle portfolios. Major players including Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra have announced increases ranging between 3 to 4 percent. The driving forces behind this move are rising input costs, adverse currency movements, and mounting operational pressures.

Mahindra & Mahindra (M&M), one of India’s leading automotive manufacturers, posted a 15% year-on-year (YoY) increase in total vehicle sales for February 2025, reaching 83,702 units, compared to 72,923 units during the same period last year.