Nikhil Dhaka, Vice President, Primus Partners, shares his view on the upcoming car price hikes in April, following a similar increase in January. He highlights that rising input and operational costs, currency depreciation, and global supply chain disruptions are driving automakers to pass on additional costs to consumers despite a slow market.

He explains that the weakening rupee has made imported components more expensive, while rising raw material and logistics costs have further strained manufacturers. Most OEMs typically raise passenger vehicle prices twice a year—January and April. This time, Maruti will increase prices by up to 4%, while Hyundai, Mahindra, Kia, and BMW will raise prices by up to 3%, marking the second hike in four months.