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India's Mahindra to increase vehicle prices

MUMBAI, Sept 27 (Reuters) - India's largest utility vehicle maker, Mahindra & Mahindra , said on Monday it would raise prices of its vehicles by 3,000-8,000 rupees ($67-$178), effective Oct. 1.

The increase is primarily due to higher raw material costs and new emission norms, the company said in a statement. ($1 = 45 rupees) (Reporting by Devidutta Tripathy)