Chandigarh, Apr 11: Hyundai Motor India Ltd has announced a price increase of up to 1 percent across its vehicle portfolio, effective from May 2026, citing rising input and operational costs.

In a regulatory filing, the company said the decision comes amid sustained cost pressures driven by higher raw material prices and increased supply chain expenses. The automaker noted that while it has made consistent efforts to absorb these rising costs over time, the continued escalation has made a marginal price revision unavoidable.

“The price increase has been necessitated due to continuous rise in input costs. Despite our efforts to minimise the impact on customers, a slight adjustment has become essential to maintain operational sustainability,” the company said.

According to the statement, the extent of the price hike will vary depending on the model and variant, indicating that not all vehicles will see a uniform increase. Industry observers say such calibrated adjustments are aimed at balancing customer affordability with cost recovery.

Officials at Hyundai’s regional office in Chandigarh reiterated that the move is intended to partially offset rising costs while ensuring that customers continue to receive high-quality products and services. The company emphasised its commitment to maintaining value and reliability across its lineup despite the challenging cost environment.

The development comes at a time when the automotive sector is grappling with fluctuating input costs, including metals and logistics, which have impacted manufacturers across segments. Carmakers have increasingly resorted to periodic price revisions to sustain margins while navigating these pressures.