The Nissan Magnite, one of the more affordable subcompact SUVs in India, is set to become costlier from January 1, 2026. According to sources, there will be a price increase of up to 3% across its entire model lineup, which includes the Magnite as its primary offering in the country. This revision affects different variants in different ways, depending on specifications and equipment levels. The hike is being attributed largely to rising input costs, including currency depreciation and higher expenses related to raw materials and logistics. Buyers planning to purchase the Magnite early next year should factor the new pricing into their budget and booking plans.
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What
The Price Increase Means For Prospective Nissan Magnite Buyers
Starting January 1, 2026, Nissan will adjust the ex-showroom prices of the Magnite upwards by up to 3%, depending on the variant. The Magnite is currently positioned in the competitive B-SUV segment, where small differences in pricing can influence buyer decisions. Its ex-showroom price starts at Rs 5.62 lakh.
This is not the first time Nissan has tweaked Magnite pricing, previous small adjustments and market shifts have seen incremental changes over the past year. The latest increase reflects ongoing cost pressures rather than changes to the SUV’s equipment or feature list.
Why Nissan Is Raising Prices
The price revision for the Magnite and other Nissan models is not happening in isolation. The broader automotive industry in India has been adjusting prices periodically due to macroeconomic challenges. One key factor cited is the depreciation of the Indian rupee against major currencies, which increases the cost of imported components and raw materials. Several industry sources point to this and rising input costs as major reasons behind the decision. Other manufacturers have announced similar hikes for 2026, underscoring a wider trend in the market.
Impact On The SUV Segment
The Magnite competes with several other compact SUVs in India’s crowded sub-4-metre segment. Even a modest price rise can shift value perceptions among buyers comparing alternatives from rivals. While Nissan prepares to expand its product lineup with new models in coming months, the Magnite remains the brand’s key volume driver. Customers considering a purchase before 2026 may benefit from current pricing, which will be replaced by the revised rate at the start of the year.
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Bottom Line
The Nissan Magnite’s upcoming price hike in India is part of a broader industry adjustment to economic pressures. With a maximum increase of around 3%, buyers will see higher ex-showroom prices from January 2026. For those tracking budget SUVs, this change is important to note when planning a purchase or comparing options in the segment.
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