India's largest carmaker, Maruti Suzuki India Ltd (MSIL), has announced a price hike across its entire portfolio. This price change is effective January 27, 2017, and ranges between Rs 1,500 and Rs 8,014 (ex-showroom, Delhi). MSIL says that this price hike was inevitable to balance the increase in commodity, transportation and administrative expenses. The list prices for the Alto and WagonR have gone up by Rs 1,500 and the hot-selling Baleno, which is sold via the company's Nexa range of dealerships, gets the maximum price hike of Rs 8,014.