The worth hike, efficient Oct 1, can be relevant throughout its vary of commercial automobiles, the automaker added.
The firm beforehand raised prices by 1.2% in January and by 5% in March to guarantee its automobiles adjust to the brand new emission norms.
India carried out stricter norms by way of part II of Bharat Stage 6 from April 1, together with testing real-time driving emissions, main to elevated prices for automakers.
Earlier within the day, rankings company Fitch mentioned in a report that India’s commercial vehicle gross sales quantity will decelerate to low-to-mid-single digits due to rising possession prices.
The implementation of the most recent emission norms will lead to almost a 5% rise in prices of commercial automobiles from April 2023, Fitch added.
The hike can be relevant throughout the complete vary of commercial automobiles, the automaker added.