--- title: "India's Maruti Suzuki warns of price hikes as Gulf war raises costs" type: "News" locale: "en" url: "https://longbridge.com/en/news/281361976.md" description: "India's top carmaker, Maruti Suzuki, warns of potential price hikes due to rising commodity costs from the ongoing Middle East war. The conflict has increased prices of oil, gas, and key metals, negating benefits from last year's tax cuts. While Maruti has not faced supply disruptions yet, future challenges are anticipated. The company reported a 10% year-on-year rise in domestic sales for March, but the price increase may affect demand for its small cars. Meanwhile, Hyundai Motor India experienced a 10% drop in overseas shipments, heavily impacted by the Middle East market." datetime: "2026-04-01T11:32:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281361976.md) - [en](https://longbridge.com/en/news/281361976.md) - [zh-HK](https://longbridge.com/zh-HK/news/281361976.md) generator: "portal-rs" --- # India's Maruti Suzuki warns of price hikes as Gulf war raises costs By Aditi Shah and Nandan Mandayam NEW DELHI/BENGALURU, April 1 (Reuters) - India's top carmaker, Maruti Suzuki, said on Wednesday that it will ‌likely raise prices as the Middle East war has pushed ‌up commodity prices, wiping out gains from last year's consumption tax cuts. The Iran war has ​driven up the prices of everything from oil and gas to key metals used in manufacturing vehicles. The carmaker, majority-owned by Japan's Suzuki Motor, said it has not faced any supply disruptions, but acknowledged potential disruptions in the ‌future. "We will be taking a ⁠call, but unfortunately the commodity prices are going very high, we need to pass it on, so we will ⁠come back very soon on that," Partho Banerjee, Maruti's sales chief, told reporters during a monthly sales call. The price hike could hit a demand upswing ​for Maruti's ​small cars, following India's sweeping tax ​cuts in September that drew ‌price-sensitive customers back to dealerships. The automaker's domestic sales dropped 5.8% between April and September, but jumped 12% between October and March, with demand for small cars outpacing supply and wait times for deliveries stretching to a month. On Wednesday, Maruti reported a 10% year-on-year rise in domestic sales to ‌dealers during March and a 43% jump ​in exports. Shipments to the Middle East, which ​account for 12.5% of Maruti's ​annual export volume, are expected to be delayed, Rahul ‌Bharti, senior executive officer for corporate ​affairs, said. Meanwhile, Hyundai ​Motor India reported a 10% drop in its overseas shipments in March. The Middle East contributes 40% of the firm's total exports, ​making it the Indian ‌carmaker most exposed to the region. Hyundai Motor India posted a 6% ​rise in domestic sales. (Reporting by Nandan Mandayam in Bengaluru; Editing ​by Harikrishnan Nair and Mrigank Dhaniwala) ### Related Stocks - [SZKMY.US](https://longbridge.com/en/quote/SZKMY.US.md) - [NDIA.US](https://longbridge.com/en/quote/NDIA.US.md) - [7269.JP](https://longbridge.com/en/quote/7269.JP.md) - [6785.JP](https://longbridge.com/en/quote/6785.JP.md) ## Related News & Research - [Suzuki to Book ¥43.3 Billion Dividend from Maruti Suzuki India](https://longbridge.com/en/news/297846104.md) - [Suzuki July global auto production hits record 352,167 units, up 20.1% y/y](https://longbridge.com/en/news/297273644.md) - [Exclusive-VinFast puts the brakes on manufacturing some cars in India, sources and memo say](https://longbridge.com/en/news/297622342.md) - [ROI-Why oil importers are learning to live with longer trade routes: Maguire](https://longbridge.com/en/news/297894631.md) - [GLOBAL LNG-Asia spot prices hit over 3-year high on Mideast tensions, South Asia demand](https://longbridge.com/en/news/298024864.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**