BusinessLG Raises AC Prices by 5-7% from October 2026
LG Electronics announced a 5 to 7 percent price increase for its air conditioners starting October 1, 2026, following similar hikes by Voltas, Lloyd, and Godrej. However, LG has not raised prices for TVs, refrigerators, or washing machines yet. The annual room AC market in India is about 12 to 12.5 million units. The price hike is due to rising production costs and comes just before the festive season sales.
News18Hi Business·3h ago·New Delhi


