Mumbai, May 22 -- The country's largest carmaker said prices of its models will be increased by up to Rs 30,000 due to sustained rise in input costs and continued inflationary pressures.

Maruti Suzuki said it has been taking several cost reduction measures over the past few months to minimise the impact of rising costs. However, the adverse cost environment has forced the company to pass on part of the increase to customers.

The company added that the exact quantum of the price hike will vary depending on the model.

Automobile manufacturers have been facing pressure from higher commodity prices, rising logistics expenses and elevated input costs in recent quarters.

Shares of Maruti Suzuki India were almost flat at Rs 13002.50 on the B...