Tata Motors Passenger Vehicles Ltd. (TMPV) has announced an upward revision in the pricing of its Internal Combustion Engine (ICE) passenger vehicle portfolio, effective from April 1, 2026. This decision is a direct response to the ongoing and sustained increase in input costs faced by the company. The weighted average price increase across the ICE portfolio is set at 0.5%, though the exact quantum will differ based on specific models and variants.
Price Revision for Passenger Vehicles Confirmed
Tata Motors Passenger Vehicles Ltd. (TMPV), noted as India’s primary manufacturer of cars and SUVs, has issued a formal notification regarding an impending price increase across its portfolio of Internal Combustion Engine (ICE) vehicles. This revision will take effect starting April 1, 2026.
Rationale and Impact
The announcement specifies that this adjustment is necessary to partially mitigate the financial impact resulting from the continued increase in input costs experienced by the company. The overall financial adjustment is calibrated to represent a weighted average price increase of 0.5% across the entire ICE portfolio. However, stakeholders are advised that the precise magnitude of the price increase will vary depending on the specific model and variant chosen by the customer.
Disclosure Details
The official notification was dispatched to the stock exchanges on March 20, 2026, signed by Maloy Kumar Gupta, Company Secretary & Chief Legal Officer for Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited).
Source: BSE
