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LG Electronics Hikes AC Prices by 5-7% from October 1 Amid Rising Input Costs
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News18•28-09-2026, 20:00
LG Electronics Hikes AC Prices by 5-7% from October 1 Amid Rising Input Costs
- •LG Electronics India announced a 5-7% price increase for air conditioners effective October 1, ahead of the Durga Puja festive sales.
- •The price hike is attributed to escalating input costs, including commodity prices, logistics, energy, and foreign exchange movements.
- •No decision has been made regarding price revisions for other LG products like TVs, refrigerators, or washing machines.
- •Other major AC manufacturers such as Voltas, Havells (Lloyd), Godrej Appliances, and Bosch Home (Hitachi) have already implemented similar price increases.
- •Reasons cited by manufacturers for the price adjustments include geopolitical developments, commodity price hikes, US dollar appreciation, and the transition to enhanced BEE Energy efficiency standards.
Key Questions Answered
LG Electronics India has announced a 5 to 7 per cent increase in air conditioner prices starting October 1, 2026.
The price hikes are driven by rising input costs, including elevated commodity prices, logistics expenses, energy costs, foreign exchange movements, geopolitical developments, and the transition to enhanced BEE energy efficiency standards.
No, LG Electronics India stated that no decision has been taken regarding the price revision of any other products such as TVs, refrigerators, or washing machines as of now.
