New Delhi, March 20 -- Automaker Renault India on Thursday announced that it will raise the prices of all its car models by up to 2 per cent, starting April. The price increase will vary depending on the model and variant. The company said that the decision was made due to rising production costs, which it has been absorbing for a long time.

"Despite our best efforts to maintain prices for a long time, the sustained increase in input costs has necessitated this price adjustment," said Renault India Country CEO and MD, Venkatram Mamillapalle. He added that the company has been absorbing these costs for a long time to support customers, but to continue providing the best quality and innovative products, a price revision has become inevitab...