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Appliance makers plan price hikes of up to 8% from October 1

9 sources · first seen 10:55 27 Sept · updated 10:49 28 Sept

The brief

Written from 6 reports · check the source before you trade
  • AC, TV and appliance prices are set to rise 5–8% from October 1
  • Festive season typically accounts for 30–40% of appliance makers’ annual sales
  • Higher prices may lift appliance makers’ revenue, while testing consumer demand across Indian consumer-electronics companies

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Part of a developing story2 updates over 3 days

Planned price hikes for appliances

Consumer electronics and appliance makers plan to raise prices of ACs, TVs and other appliances by 5–8% from October 1. Companies cited higher costs for raw materials including copper, steel, aluminium and crude derivatives.

Sunday, 27 September

  1. 9 sourcesYou are here
    Appliance makers plan price hikes of up to 8% from October 1

Saturday, 26 September

Read the reports

11 reports · earliest 10:55
Economic TimesFestive shopping gets costlier as brands plan to hike AC, TV and appliance prices from October 110:55Business StandardAC, TV, appliance prices to rise by 8% from Oct 1 ahead of festive season11:03Times of IndiaFestive season shock: AC, TV and appliance prices set to rise from October 111:17MoneycontrolAC, TV & appliances prices to increase up to 8% from Oct 1 ahead of festive season11:43MintBuying an AC, TV, and refrigerator this festive season? Prices to increase up to 8% from Oct 112:58CNBC-TV18AC, TV & appliances prices to increase up to 8% from Oct 1 ahead of festive season13:16Times of IndiaFestive shopping to get costlier: ACs, TVs and other electrical appliances set for 8% price hike13:20NDTV ProfitDiwali Shopping Gets Costlier: ACs To Smart TVs — Why Your Appliance Upgrade Will Cost 8% More13:48InshortsACs, TVs, other electronics to become up to 8% costlier from October: Report | Some fear hike could affect festive demand | Inshorts14:05Financial ExpressFestive shopping may get costlier; AC, TV, fridge prices to rise from Oct: Report14:56Economic TimesLG Electronics to hike AC prices by 5-7 per cent from Oct 1 ahead of festive season10:49