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The 37-year-old Santosh, who was representing the Hero MotoSports in one of the world's biggest rallies, crashed on Wednesday and is being kept under a 24-hour observation.
It is estimated that during the prolonged lockdown, the auto industry suffered losses of more than Rs 2,300 crore in turnover for every single day of closure.
The company, which sells models like Kwid, Duster and Triber, said the price hike from January would vary across variants and products.
Sources also confirmed that the company plans to utilise the BS-VI compliant diesel powertrain in the Ertiga and Vitara Brezza to start with in the domestic market.
Government data released on Friday showed the economy shrank 7.5% in the July-September quarter.
The Kiger will compete with the likes of Maruti Suzuki Vitara Brezza, Hyundai Venue, Kia Sonet, Tata Nexon, Ford Ecosport and Honda WR-V.
More than 85 per cent customers have opted for Sportz and above trims, showcasing a strong demand for advanced technologies offered on the all-new i20
The recalled units were manufactured between November 4, 2019 and February 25, 2020.
The 163cc single-cylinder air-cooled fuel-injection engine produces 15 bhp of peak power at 8,500 rpm and 14 Nm of peak torque at 6,500 rpm.
The main chassis belongs to a Bajaj Pulsar. Look carefully and you can spot parts of Royal Enfield Classic 350, Yamaha FZ and KTM 200 Duke (rear mudguard).