Hero Honda has announced it would raise prices of its models between Rs500 and Rs1500. “To partially off-set the rising input costs, we have increased prices of our models in the range of Rs 500 to Rs 1,500,” Hero Honda said. He further said, “We have always taken a long-term view on pricing, given its strategic nature. Hence we had consciously held back price increase on most of our products despite the rising input costs and hardening commodity prices.” The price raise will be around 500 in lower range models such as CD dawn, CD deluxe and pleasure and around Rs1500 in Hunk,Xtreme and Karizma