The Indian Finance Minister’s budget involving an increase in the excise duty-from 2% to 5%- has made Maruti and Hyundai to effect the rise in their price for cars. The hike may be around Rs25000 with Maruti slating the increase by 2% Hyundai said the rise will be somewhere in the range of Rs6500-Rs25000. Volvo Auto India has announced its increase but not the exact figure.