By ETF Desk
MG Automotive Group has announced that the on‑road price of its compact SUV, the Astor, in the Manipal market will start at ₹12.76 lakh from July 2026.
Previously the Astor was listed at ₹12.45 lakh in the same region, making the new price a modest increase of roughly 2.6%. Analysts say the rise reflects rising manufacturing costs and a slight shift in the company’s pricing strategy to capture the mid‑segment SUV market across Karnataka.
For buyers in Udupi district and surrounding areas, the new figure may influence financing options and resale values. The update also coincides with a state‑sponsored incentive that could offset part of the purchase cost for first‑time SUV owners. Source: Google News – Manipal.