Named 'i Tech', will be available with engine options of 1.1 litre and 1.2 litre.
The company sells a range of vehicles starting from the entry level hatchback Eon.
Hyundai Motor India will increase prices of its vehicles by up to Rs 20,000 across all models by February 1.
Hyundai Motor India Ltd (HMIL) on Monday said prices of its vehicles across models will go up by up to Rs 5,000 from November 1.
Hyundai Motor India has started a scheme to give central and state government employees a special discount on purchase of its vehicles.
Toyota, Mercedes Benz and BMW, have announced a hike already.
Post the launch of 'Grand' in the Indian market, Hyundai has experienced a 55 per cent rise in footfalls at dealerships across all regions and most dealerships are recording multiple enquires and test drive requests, it added.
HMIL sells a range of vehicles starting from entry-level small car Eon to premium SUV Santa Fe, which are priced between Rs 325,000 and Rs 31.75 lakh
The quantum of price increase will vary from Rs 5,000 to Rs 20,000 across all models, the company said in a statement.
However, sales of mini segment cars, including Alto and WagonR, declined 7.9 per cent to 25,524 units from 27,712 in the year-ago month
The SUV will herald a new chapter in Hyundai's success story.
The onus is on the banks to pass the benefit to customers.
Hyundai Motor India will raise prices of its entire product portfolio in the range of Rs 5,000 to Rs 25,000 from Jan 2015.
While sales of Maruti's compact segment grew, its mini segment witnessed a slump
The RBI on Thursday lowered the benchmark repurchase rate to 7.75 per cent from 8 per cent, the first reduction since May 2013.
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 4.1 per cent to 50,362 units
Maruti Suzuki India, country's largest carmaker on Thursday reported 3.7 per cent rise in total sales in September.
Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales.
Prices across all models starting from Eon to Santa Fe has been hiked in the range of Rs 15,000 to Rs 127,000
The move will result in around 25 per cent reduction in overseas shipments from the company's Chennai plant this year at 190,000 units compared to 253,000 units last year.
Hyundai Motor India Ltd (HMIL) on Thursday said it will hike prices by up to Rs 20,000 across models, except the newly launched compact car Grand i10, from October 1 to offset the impact of rupee depreciation and rising input costs.
Fuel price hike will impact demand going forward.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
General Motors India Vice President P Balendran termed the decision as a positive move for the overall economy.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
Ford India and Renault too reported good sales growth in April
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
There was no sale of premium sedan Kizashi during the month.
Country's largest carmaker Maruti Suzuki India (MSI) on Monday reported 8.7 per cent increase in total sales in February.
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
The auto industry expects lower taxes and interest rates from Budget 2015.
Auto firms have reported a good jump in sales for the month of December
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
This trend is likely to gain pace with the new infrastructure cess on diesel vehicles.
Maruti recorded 20 per cent jump in sales during November.
Maurti and Hyundai recorded jump in sales in May.
Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
Maruti sold 191 units of SX4 sedan in January 2014.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
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