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Big Shock for Consumers This Festive Season: TV, AC, Refrigerator Prices Soar!
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News18•28-09-2026, 08:13
Big Shock for Consumers This Festive Season: TV, AC, Refrigerator Prices Soar!
- •Prices of TVs, ACs, and refrigerators are set to increase by 3 to 10 percent from October 1.
- •Rising raw material costs, international transportation expenses, and foreign exchange fluctuations are key reasons for the price hike.
- •Major brands like Blue Star, Godrej, Haier, Daikin, and Super Plastronics have confirmed price increases.
- •Despite increased sales during the festive season, the price hike may negatively impact consumer purchasing power.
- •Consumers can still purchase at old prices until the end of Diwali due to the availability of old stock.
Key Questions Answered
Prices for home appliances such as air conditioners, LED TVs, washing machines, and refrigerators are expected to increase by approximately 3 to 10 percent depending on the company.
Manufacturers cite skyrocketing international prices for essential raw materials like copper, steel, aluminum, and crude oil-based plastics, alongside rising international transportation costs due to West Asian geopolitical crises and foreign exchange fluctuations.
Yes, consumers can still buy appliances at old prices until the end of Diwali because distributors purchased large stocks at old rates in August and September, which will be available for about one to one and a half months.
