Tata Motors, headquartered in Mumbai, has announced a price rise throughout its ICE passenger vehicle line. It will go into effect on February 1 and will be a weighted average increase of roughly 1.2%, depending on the variant and model.
According to a statement released on Friday, the company has been absorbing a considerable percentage of the increased costs due to regulatory changes and an increase in total input costs, and is thus passing on some of those costs through this raise.