Stories
Consumer Electronics Price Hike: AC, TV, Fridge to Cost More From October 1
- •Prices of ACs, TVs, refrigerators, and washing machines are set to increase by 5-8% from October 1 due to rising input and logistics costs.
- •This marks the third price hike in the consumer electronics industry in 2026, impacting festive season shopping.
- •AC prices are expected to rise by 5-8%, with some manufacturers like LG Electronics India confirming increases.
- •Television prices may also increase, with some companies planning 3-4% hikes for LED TVs and potentially higher for smaller screens.
- •The price increases are driven by higher costs of commodities like copper, aluminum, steel, and plastics, as well as increased freight and logistics expenses.
Key Questions Answered
Prices are rising due to a sharp increase in input and operating costs, including higher prices for commodities like copper, aluminium, steel, plastics, and crude oil derivatives. Additionally, rising freight, logistics costs, currency movements, and the geopolitical situation in West Asia have added pressure on manufacturers.
Air conditioner prices are expected to rise by around 5 to 8 per cent. For televisions, some companies are planning 3 to 4 per cent increases for LED TVs, while smaller-screen televisions could see increases of up to 20 per cent and larger screens up to 10 per cent later in the festive season.
No, this October revision represents the third round of price increases implemented by the consumer electronics and appliance industry in 2026.
