India, Feb. 2 -- Maruti Suzuki India Ltd. is weighing a price hike to offset higher commodity costs, even as demand for its cars outstrips supply.

"On the commodity front, prices are going up. We are keeping a close watch due to the geopolitical scenario...," Partho Banerjee, senior executive officer (sales & marketing) at India's largest carmaker, said during a virtual presser "But yes, in times to come, we are going to review the price increase."

"Our endeavour as a market leader has always been to minimise the price rise" but "after a certain extent, if we are unable to somehow accommodate the cost increase, we need to pass it on to our customers."

Banerjee didn't disclose the timeline for the price hike.

Car sales in India have be...