Tata Motors to hike prices of commercial vehicles from April 1

The increase in the prices of commodities, such as steel, aluminium and other precious metals — in addition to higher costs of other raw materials — has incited this price hike of commercial vehicles, Tata Motors said in a regulatory filing.

Tata Motors on Tuesday said it will hike prices of its commercial vehicles range by 2-2.5 percent, depending upon individual model and variant, from April 1. Pic: Reuters

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