"We may see a little price hike in our vehicles soon as input costs are increasing," M&M automotive and farm equipment sectors president Pawan Goenka told reporters.

"Since commodity cost pressure is not very high, the price hike will be marginal," he added.
The company increased prices by 2.5 percent last year and by 0.5 percent across all models in July, Goenka said.
Tata Motors, the country's largest auto major, said on July 25 it is thinking of raising prices before the forthcoming festive season.
Car sales in India fell for a record ninth month in a row in July, posting a 7.4 percent decline, industry body SIAM said.