Mumbai, March 20 -- The company stated that the price hike is due to rising input costs, increased commodity prices and higher operational expenses, among other factors. The quantum of price increase will vary based on the variants and models.

Tarun Garg, whole-time director and chief operating officer, HMIL, said, "At Hyundai Motor India, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimize any future impact...