Tata Motors to increase prices of its passenger vehicles

India’s leading vehicle manufacturer Tata Motors has announced a price hike of its passenger vehicles. A weighted average increase in price of 0.55% will come into effect, across the range, depending upon the variant and model.

The company has taken extensive measures to absorb significant portion of the increased input costs. However, to offset the residual impact of the accumulated increase in input costs, it is passing on a minimized price hike.