India's Tata Motors raises passenger vehicle prices

FILE PHOTO: A Tata Motors logo is pictured outside the company showroom in Mumbai

MUMBAI (Reuters) - Indian carmaker Tata Motors raised the price of its passenger vehicles on Saturday as input prices continue to increase.

Prices of vehicles were increased 0.55% on average with immediate effect, the company said.

Automobile companies have been raising prices gradually as key commodity prices have risen for several quarters.

(Reporting by Nupur Anand and Aditi Shah; Editing by William Mallard)

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