Tata Motors To Hike Industrial Car Costs By Up To 2% From April

Mumbai: Tata Motors, India’s largest industrial automobile producer, on Monday introduced a value enhance of as much as 2 per cent throughout its industrial automobile vary. The brand new costs will come into impact from April 1. The corporate stated the hike is critical to offset rising enter prices, which have been impacting the automotive sector.

“Tata Motors, India’s largest industrial automobile producer, at the moment introduced a value enhance of as much as 2 per cent, throughout its industrial automobile vary, efficient 1st April 2025,” the corporate stated in an change submitting. It additional acknowledged that the worth enhance is to offset the rise in enter prices, and can differ as per particular person mannequin and variant.

The rise will differ relying on the mannequin and variant, in response to the corporate. The Indian auto business has been going through challenges comparable to rising uncooked materials prices, increased logistics bills and provide chain disruptions.

Earlier within the day, Maruti Suzuki India Ltd introduced to boost automobile costs by as much as 4 per cent, beginning April 2025. Maruti Suzuki cited rising enter prices, operational bills, and inflationary pressures as key causes for the worth revision. The corporate talked about that whereas efforts are being made to regulate prices, a few of the rising bills should be handed on to customers.

With each Tata Motors and Maruti Suzuki asserting value hikes, different producers may additionally comply with go well with. Tata Motors, part of the Tata Group, is thought for its automobiles, utility autos, pickups, vehicles, and buses.

Regardless of a rise in income, the corporate’s consolidated internet revenue fell by 22.41 per cent to Rs 5,451 crore within the third quarter of FY25 in comparison with the identical interval within the earlier 12 months.

Nonetheless, its income from operations rose by 2.71 per cent to Rs 1,13,575 crore, in response to its inventory submitting.