India's Consumer Durables Face Price Hike Due to Import Costs
India's consumer durable companies like LG, Daikin, Voltas, Samsung, and Godrej are set to raise prices for the third time in 2026. Rising costs of copper, steel, aluminium, resin, logistics, and energy are driving the increases ahead of Diwali. This situation reveals India's reliance on imported components and underscores the need for deeper localisation, stronger domestic manufacturing, and resilient supply chains to mitigate global cost shocks.
Economic Times·9h ago


