Stories
ACs, TVs, Refrigerators More Expensive From Today! How Much Will Your Costs Increase?
- •Prices of ACs, LED TVs, refrigerators, and washing machines have increased by 3 to 8 percent starting today, October 1st.
- •AC prices are expected to see the biggest hike (5-8%), while LED TVs may increase by 3-7%, and refrigerators/washing machines by 3-4%.
- •Companies like Blue Star, Godrej Appliances, Haier, Daikin, Super Plastronics, LG, and Bosch Home Comfort have already raised prices.
- •The price hike is attributed to rising raw material costs (copper, steel, aluminum, plastic) and increased freight/shipping expenses.
- •While some old stock might be available at lower prices, many retailers are selling at new rates, so customers should verify current prices.
Key Questions Answered
Starting October 1, the prices of consumer electronics like ACs, LED TVs, refrigerators, and washing machines are increasing by approximately 3 to 8 percent. Specifically, AC prices are expected to rise by 5 to 8 percent, while LED TVs, refrigerators, and washing machines could see a 3 to 7 percent increase.
Several major electronics and appliance makers, including Blue Star, Godrej Appliances, Haier, Daikin, and Super Plastronics, have announced price hikes ranging from 4 to 10 percent. Additionally, LG and Bosch Home Comfort have raised AC prices by about 5 percent.
The price increases are primarily driven by rising costs of raw materials used in manufacturing, such as copper, steel, aluminum, and plastic, alongside surging freight and shipping costs. Currency exchange volatility and geopolitical tensions have further intensified these production cost pressures.
