The leading car maker in the Indian passenger vehicles industry, Maruti Suzuki has announced a hike across its portfolio except the Alto. While the price goes up to Rs 7,500, the company has cited a sharp increase in its raw material costs as a reason for the same. The company said in a statement that the new prices are applicable with immediate effect.

Moreover, the company also added the fact that Due to a sharp increase in the input costs, Maruti Suzuki India has decided to pass on a part of this cost impact to customers.

It is to be mentioned here that the price rise is in the range of Rs. 2,000 to Rs. 7,500 depending on the vehicle and its segment.

The company has recently reported its best ever domestic monthly sales for July at 90,114 units, a 33.45 per cent increase from 67,528 units in July 2009.

Moreover, it may be noted here that the company has exported 29.18 per cent jump in its total sales, including exports, for July at 1,00,857 units. It had sold 78,074 units in the same month last year.