Citing rising commodity and supply chain costs, the automaker announces a price adjustment of up to 3% on all models beginning April 1, while promising to absorb a portion of the increased expenses to minimize customer impact.
18 Mar 2025 | 2763 Views | By Angitha Suresh
Kia India announced today it will implement a price increase of up to 3% across its entire product lineup effective April 1, 2025, attributing the adjustment to rising commodity prices and escalating supply chain costs.
Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, stated ...
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Kia India announced today it will implement a price increase of up to 3% across its entire product lineup effective April 1, 2025, attributing the adjustment to rising commodity prices and escalating supply chain costs.
Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, stated the company is committed to providing value and quality but must adjust prices due to increasing costs of raw materials. The company plans to absorb a significant portion of the cost increases to minimize the impact on customers.
The price adjustment will affect all Kia models available in the Indian market, including the Seltos, Sonet, Carens, Carnival, Syros, EV6, and EV9.
Kia has established a significant presence in India since signing a memorandum of understanding with the Andhra Pradesh government in April 2017. The company began mass production at its Anantapur manufacturing facility in August 2019, which has an annual production capacity of 300,000 units.
Since entering the Indian market, Kia has sold approximately 1.45 million vehicles domestically and in overseas markets. The Seltos remains the brand's best-selling model with over 690,000 units sold, followed by the Sonet with more than 500,000 units, the Carens exceeding 232,000 units, and the Carnival with over 15,000 units.
In April 2021, Kia India underwent a rebranding with its new identity, "Movement that Inspires," aimed at enhancing customer experiences through innovative products and services.
The company has expanded its network to 725 touchpoints across 315 cities in India and has dispatched nearly 1.6 million vehicles from its Anantapur plant, including over 1.2 million for domestic sales and approximately 367,000 for export markets. Kia has also established itself as a leader in connected car technology with more than 450,000 connected vehicles currently on Indian roads.
Industry analysts note that several automakers in India have announced similar price adjustments in recent months due to ongoing inflation in raw material costs and persistent supply chain challenges affecting the global automotive sector.