Mumbai: Indian automotive giant Mahindra & Mahindra has announced a price hike of up to 3% across its SUV and commercial vehicle (CV) lineup, effective April 2025. This move comes in response to escalating input costs and rising commodity prices, the company confirmed.
Impact on Mahindra’s Popular Models
While the exact price revision will vary across different models, customers can expect adjustments in some of Mahindra’s flagship SUVs like the Scorpio-N, XUV700, and Thar, alongside its extensive CV portfolio. The announcement follows a growing trend in the Indian auto industry where rising costs have pushed several manufacturers to implement price hikes in recent months.
Driving Factors Behind the Hike
The increase is driven by a combination of rising material costs, inflationary pressures, and escalating logistics expenses. With commodity prices showing no signs of stabilizing, Mahindra’s move is seen as a strategic step to manage production expenses while ensuring consistent product quality and performance.
Mahindra’s Industry Footprint
Founded in 1945, Mahindra & Mahindra has grown into a dominant force in India’s automotive landscape, recognized for its robust SUV portfolio and leading presence in commercial vehicles. With over 260,000 employees across 100 countries, Mahindra continues to be a key player in diverse sectors such as agriculture, logistics, hospitality, and real estate.
Commitment to Sustainability and Growth
Mahindra’s commitment to sustainability remains central to its strategy, with a strong emphasis on ESG (Environmental, Social, and Governance) goals. The company is dedicated to driving positive change, fostering rural prosperity, and enhancing urban living.
What Customers Should Expect
With the revised prices set to take effect in April 2025, potential buyers are advised to consider booking their preferred Mahindra models before the price adjustment to secure current rates. Industry experts predict that despite the hike, Mahindra’s SUVs and CVs will continue to offer competitive value in their respective segments.
For further details on model-specific pricing changes, Mahindra is expected to release detailed information closer to the effective date.
