Hyundai i20 Gets a Major Price Cut: Premium Hatchback Now Starts at Rs 5.99 Lakh

New Delhi, February 5, 2026 – In a move that has sent ripples through the Indian automotive market, Hyundai Motor India Limited (HMIL) has officially announced a significant price revision for its popular premium hatchback, the i20. Effective immediately, the entry-level Era variant is now priced at Rs 5.99 lakh (ex-showroom), making the car nearly Rs 1 lakh more affordable than its previous starting price.

This strategic adjustment aims to position the i20 as a more viable option for buyers who were previously looking at entry-level hatchbacks but desired the space, safety, and prestige associated with a premium segment car.

Revised Pricing Structure

The price cuts aren’t limited to just the base model. Hyundai has sweetened the deal across its lower and mid-range trims to ensure high value for money.

What’s New in the Era and Magna Variants?

Despite the lower price tag, Hyundai has not compromised on the core features that define the i20. The Era variant now serves as a robust entry point, coming equipped with:

• Safety First: Six airbags as standard, along with electronic stability control (ESC) and hill-start assist.
• Modern Tech: A fully digital instrument cluster and a Type-C USB charger.
• Style & Comfort: Body-colored door handles and ORVMs, plus telescopic steering adjustment.

Stepping up to the Magna Executive, buyers gain automatic headlamps, a shark-fin antenna, and a Tyre Pressure Monitoring System (TPMS). The standard Magna variant goes a step further by adding an electric sunroof and LED DRLs, catering to the growing demand for lifestyle features in budget-friendly trims.

New Infotainment Upgrade

For those who want a high-end tech experience without moving to the top-tier Asta variants, Hyundai is now offering a 10.1-inch touchscreen infotainment system as a dealer-installed option. Priced at Rs 14,999, this unit supports wireless Apple CarPlay and Android Auto and comes with a 3-year warranty.

Why the Change?

Industry experts suggest this move is a direct response to the evolving “value-conscious” Indian consumer. By lowering the entry barrier, Hyundai is directly challenging competitors like the Maruti Suzuki Baleno and Tata Altroz. The price drop is also supported by the recent GST 2.0 reforms, which reduced the tax burden on small petrol cars from 29% to a flat 18%, allowing manufacturers to pass the savings directly to customers.

“Our goal is to make premium mobility accessible to a wider audience. The i20 has always been a benchmark in its segment, and with this new pricing, we are bringing that excellence within reach of more families,” stated a Hyundai spokesperson.

The i20 continues to be powered by the reliable 1.2L Kappa petrol engine, offering a balanced mix of city drivability and highway stability. With a standard 3-year/1,00,000 km warranty, the i20 remains one of the most compelling packages in the Indian market today.