Nissan India's move of incrementing car prices is attributed to the rise of input costs. As a result, the company plans to hike the prices of all cars by Rs 30,000. This includes the cars from Nissan as well as Datsun's portfolio.
Arun Malhotra, Managing Director, Nissan Motor India Pvt. Ltd. said, "The price increase comes as a result of rising input costs. The revision of prices will help us offset the impact of this and maintain our competitiveness in the industry."
Many automobile manufacturers have recently announced they would raise their product prices at the start of 2017. The carmakers have introduced this price hike to offset impact of rising costs and also due to the weakened rupee against the dollar.