Hyundai Motor India to Raise Prices by up to ₹12,800 on June 1 After Deferring Previous Hike

Hyundai Motor India has announced that it will raise prices by around 1 percent, with effect from June 1, due to rising input costs and operational expenses, among other factors. The company had previously announced that prices would rise by the same amount in May, but has now clarified that this has been pushed to June 1 in order to reduce the burden on customers as much as possible.

While a revised list of car prices is not yet available, Hyundai has said that the hikes will vary by model and variant. The maximum increase will be ₹12,800. It is not yet clear whether every model and variant in the Hyundai India portfolio will be affected.

“The company’s endeavour is always to absorb rising costs to safeguard our customers from price fluctuations”, Hyundai Motor India had stated in a regulatory filing in early April.

In its recent clarification, sent to the NSE and BSE today, the company stated “The price increase has been necessitated due to rising input costs, increased commodity prices and higher operational expenses, amongst other reasons. While the company continuously strives to optimise costs and minimise the impact on its customers, the company is constrained to pass on some of the increased costs to the market through this nominal price increase.”

Hyundai Motor India’s current lineup ranges from the Grand i10 Nios hatchback, which is priced starting at ₹5.55 lakhs, to the Ioniq 5 luxury compact SUV, now starting at ₹55.7 lakhs (ex-showroom). The company reported 17 percent year-on-year growth in its domestic sales in April 2026, its best-ever April month, with 51,902 units sold.

Hyundai announced refreshes of the Exter, Verna, and Ioniq 5 earlier this year, along with special editions of the Grand i10 Nios, Creta and Venue. It has also confirmed the launches of two completely new nameplates within the current financial year; one electric mass-market compact SUV developed primarily in India on a localised platform, and another ICE SUV, likely with strong hybrid and CNG options.