Maruti Suzuki, the largest car manufacturer in India, indicated on April 1, 2026, that it may increase vehicle prices due to rising commodity costs driven by the ongoing Iran war. The conflict has led to higher prices for essential materials such as oil, gas, and metals, which are critical for vehicle manufacturing. Partho Banerjee, Maruti's sales chief, stated that while the company has not yet faced supply disruptions, future challenges are possible. The price increase could affect the demand for Maruti's small cars, which had recently benefited from tax cuts implemented in September 2025. Maruti reported a 10% year-on-year increase in domestic sales in March 2026, following a 12% rise in sales from October to March after a 5.8% decline earlier in the year. Additionally, the company experienced a 43% increase in exports, although shipments to West Asia, which constitute 12.5% of its annual exports, may be delayed. In contrast, Hyundai Motor India reported a 10% decrease in overseas shipments but a 6% rise in domestic sales during the same period.