India’s automobile market is once again bracing for higher vehicle prices as rising raw material and metal costs continue to pressure manufacturers. Tata Motors Passenger Vehicles Limited (TMPVL) has announced that it will increase the prices of its cars in the coming weeks, following similar moves by Maruti Suzuki and Hyundai Motor India.
India’s automobile industry is witnessing another round of price hikes. Due to sustained increases in raw material and precious metal prices, Tata Motors Passenger Vehicles Limited has indicated that it will raise the prices of its vehicles in the coming weeks.
The company stated that copper and other key metals have remained expensive for a prolonged period, adding pressure on production costs. Other major automakers are also responding to similar challenges—Maruti Suzuki is currently reviewing its prices, while Hyundai Motor India has already increased prices on select models—raising concerns among potential car buyers.
For many working professionals and young buyers, owning a car remains a key aspiration. In recent years, purchasing a car has become relatively easier due to simplified vehicle loan processes. With a good CIBIL score and a down payment of around ₹1 lakh, buyers can secure car loans with minimal paperwork.
Tata Motors continues to be a trusted brand in this space, offering a wide range of budget-friendly cars—from the Tata Nano legacy to modern SUVs and electric vehicles (EVs).
Tata Motors’ affordable car lineup includes popular models such as Tata Tiago, Tigor, and Punch, with starting prices generally ranging between ₹5 lakh and ₹8 lakh.
The Tata Tiago EV, currently India’s most affordable electric car, starts at ₹7.99 lakh. Given the upcoming price hike, customers planning to buy a Tata car may consider making their purchase sooner rather than later.
Tata Motors Passenger Vehicles Limited CEO has confirmed that prices are set to rise as early as next week. Before Tata’s announcement, both Maruti Suzuki and Hyundai had already implemented price increases.
Following a GST reduction in September 2025, car manufacturers across India had lowered vehicle prices. However, companies are now reversing those cuts due to renewed cost pressures.
TMPVL CEO Shailesh Chandra explained the decision, saying:
“Due to pressure from rising raw material costs, the company will increase car prices in the coming weeks.”
He further added:
“We have been facing commodity cost pressure for nearly a year. We are still seeing pressure from precious metals and copper. If you look at the impact of rising raw material prices, it has exceeded nearly 2% of our revenue.”
The Tata Punch is available in several variants under ₹10 lakh, including Adventure, Adventure Plus, Adventure S, Accomplished Plus, and Creative Plus.
Ex-showroom price: ₹7.77 lakh to ₹9.72 lakh
Engine: 1,199 cc petrol
Mileage: Up to 19.2 kmpl
The Tata Nexon remains one of the company’s best-selling SUVs. Its automatic variant starts at an attractive price point.
Ex-showroom price (automatic): From ₹9.60 lakh
Engine: 1,199 cc petrol
Power output: 118 BHP
Mileage: Up to 17.18 kmpl
With input costs continuing to rise, Tata Motors’ decision to increase car prices reflects broader challenges facing India’s auto industry. Buyers considering Tata’s popular models—especially budget cars and EVs—may benefit from acting quickly before the new prices take effect.