India’s largest commercial vehicle manufacturer Tata Motors has announced an impending price hike of its commercial vehicle range.
An increase in price in the range of 1.5-2.5%, will come into effect from 1st July 2022 across the range, depending upon individual model and variant. While the company takes extensive measures to absorb a significant portion of the increased input costs, at various levels of manufacturing, the steep rise in overall input costs makes it imperative to pass on a residual proportion via a minimized price hike.
