Tata Motors to hike prices of passenger vehicles from Apr 1

New Delhi, Mar 18: Tata Motors today said it will hike the prices of its passenger vehicles, excluding the Nano, by up to Rs 36,000 from Apr 1, to offset rising input costs.

"Despite continuous cost control initiatives, the company is being forced to take these increases on account of steep rise in input costs," Tata Motors said in a statement.

Under the revised price, the Indica will be costlier by Rs 7,000-Rs 9,000, Vista and Indigo CS by Rs 8,000-Rs 11,000 and Manza by Rs 10,000- Rs 15,000. The Nano will, however, not be revised.

In the utility vehicles segment, depending upon the model the prices will go up:

Sumo by Rs 13,000- Rs 15,000
Grande by Rs 16,000- Rs 19,000
Safari by Rs 18,000- Rs 29,000
Aria by Rs 30,000- Rs 36,000
Venture by Rs 9,000-Rs 12,000

PTI