The Toyota Fortuner, India’s most popular big SUV, has just become more expensive. If you are planning to buy this powerful 7-seater in February 2026, you will have to pay more than before. While Toyota has increased prices, a new challenger is also entering the market. MG Motor is all set to launch its flagship SUV, the MG Majestor, on February 12, 2026, which aims to compete directly with the Fortuner.

Here is everything you need to know about the new Fortuner prices, the upcoming competition, and what this means for Indian car buyers.

1. How Much Has the Price Increased?

In January 2026, Toyota Kirloskar Motor (TKM) silently hiked the prices of the Fortuner. The increase depends on the variant you choose.

• Price Hike Amount: The prices have gone up by up to Rs 74,000.
• Affected Models: The hike affects almost all variants, but the premium versions like the Legender and the GR-S (Gazoo Racing Sport) have seen the biggest jump.
• Current Price Range: The Fortuner now starts from approximately Rs 34.16 lakh and goes up to nearly Rs 50 lakh (ex-showroom) for the top-end variants.

This price rise is due to rising input costs, a common trend in the auto industry at the start of a new year. Despite the hike, the demand for the Fortuner remains very strong in India.

Read more: BMW Z4

2. New Rival Alert: MG Majestor Launching Feb 12

The biggest news for SUV lovers this month is not just the Fortuner, but its new competition. MG Motor India is launching the MG Majestor on February 12, 2026.

Why is this important? For years, the Fortuner has ruled the segment with almost no strong rival (after the Ford Endeavour left India). The MG Majestor is expected to be MG’s answer to the Fortuner Legender.

• Size: It is teased to be the widest and tallest SUV in its class.
• Features: Expected to come with high-end tech like Level-2 ADAS, a huge infotainment screen, and luxury seating.
• Price: Estimated to be priced around Rs 40–45 lakh, making it a direct alternative to the Fortuner.

If you are waiting for a premium SUV, it might be smart to wait until February 12 to see what the MG Majestor offers before booking the Fortuner.

3. Current Waiting Period & Diesel News

Even with the higher price tags, the Toyota Fortuner commands a waiting period. In many Indian cities, dealers are quoting a wait time of 2 to 3 months, depending on the color and engine choice.

Good News for Diesel Lovers: There were rumors that diesel engines might be stopped due to strict pollution rules. However, Toyota has confirmed that its trusted 2.8-liter diesel engine will continue well past 2027. This engine is the heart of the Fortuner and is famous for its reliability and power.

4. Is the “New Generation” Fortuner Coming Soon?

Many buyers are asking if a completely new Fortuner (Next-Gen) is coming in 2026.

• The Reality: There is no official launch date for a Next-Gen Fortuner in India for the first half of 2026.
• Global Updates: A new mild-hybrid diesel engine (48V system) was introduced last year (often called “Neo Drive”), but a full design change is likely only expected later in late 2026 or 2027.
• Advice: If you want the latest shape and design, the current model is still the latest one available in showrooms today.

5. Should You Buy Now or Wait?

• Buy Now If: You need a proven, rugged SUV immediately and care about high resale value. The current Fortuner is a market leader for a reason.
• Wait If: You want to see if the MG Majestor offers better features for the same price. The launch is less than two weeks away.

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