Mumbai: Tata Motors, a prominent name in India’s automotive landscape, has announced a price hike across its passenger vehicle lineup starting January 2025. The increase, capped at 3%, will apply to all models, including electric vehicles (EVs).
The company attributes the adjustment to mounting input costs and inflationary pressures. While the exact price escalation will depend on the model and variant, the move aims to alleviate the financial strain caused by rising production expenses.
Tata Motors’ decision reflects a broader industry trend of recalibrating prices to sustain operations amidst volatile economic conditions. Buyers considering a Tata vehicle may want to finalize their purchases before the new year to avoid the additional costs.
