French carmaker Renault is set to increase the prices of its entire model range in India to help combat rising input costs following the likes of Maruti-Suzuki and Hyundai.
However, the price hike is not expected to be severe, with hike said to be around 1-2 percent of the current cost of the vehicles on sale.
In an interview with PTI, when asked if his company planned to raise the prices. Renault India Operations Country CEO and MD Sumit Sawhney told PTI said, "Yes, we will be increasing the prices as input costs have gone up. We are currently evaluating the period as when to undertake the exercise."