21 Mar 2025, 10:14 AM
Renault India has announced to raise the prices of its entire range by up to 2 per cent from April 2025. This is the first price hike announced by Renault India since Feb 2023.
The extent of hike will depend on the model and variants, the company said in a statement.
Renault India Country CEO and MD Venkatram Mamillapalle said, “Despite our best efforts to maintain prices for a long time, the sustained increase in input costs has necessitated this price adjustment. 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.”
Several automakers have announced an increase in price like Maruti Suzuki, Honda, Tata Motors and Kia to adjust their pricing strategies in response to rising material costs and inflationary pressures in the automotive sector.
Renault India operates as a fully owned subsidiary of Renault S.A.S. France. The company manufactures vehicles at its facility in Oragadam, Chennai, which has an annual production capacity of 480,000 units. The automaker maintains approximately 380 sales and 450 service locations throughout India, including 210 mobile service units.
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