New Delhi – Renault India has announced plans to increase the prices of its cars by up to 2 percent starting April 2025. The extent of the price hike will vary across different variants and models.
The decision follows mounting input costs that the company says it has been absorbing for a prolonged period.
“Despite our best efforts to maintain prices for a long time, the sustained increase in input costs has necessitated this price adjustment,” said Venkatram Mamillapalle, Country CEO & Managing Director of Renault India. “We have been absorbing these costs for a long time to support our customers, but to continue providing the best quality and innovative products, a price revision has become inevitable.”
This marks Renault India’s first price hike since February 2023. Despite the increase, the company emphasizes its dedication to delivering value to customers while maintaining its focus on high-quality products and services.