Tata Motors to increase prices of its commercial vehicles

Tata Motors, the largest commercial vehicle manufacturer in India, will increase the price of its range of commercial vehicles from October 1, 2021. The effective price increase, in the order of 2%, will be implemented based on the model and variant of the vehicle. vehicle.

The continued rise in the cost of raw materials, such as steel and precious metals, is forcing the company to pass on some of it through product price increases. The company has further strived to minimize the price increase by absorbing a certain proportion of costs at different levels of production.

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