BusinessAppliance Prices to Rise 5-8% from October 1 in Third Hike This Year
Leading appliance and consumer electronics makers will increase prices of LED TVs, air conditioners, washing machines, and other products by 5 to 8 percent starting October 1. This marks the third price hike this year, driven by rising costs of metals like copper and steel, crude derivatives, and currency volatility due to West Asia conflicts. Some fear the hike may impact festive demand, while others expect limited effects as dealers hold older inventory.
Hindustan Times·3h ago


