BusinessPrices of ACs, TVs, Smartphones to Rise Before Diwali
Consumer electronics like air conditioners, TVs, washing machines, and refrigerators in India are set for another price hike starting October 1, with AC prices rising 5-8% and others by 3-4%. This is the third price increase this year, driven by higher commodity costs, freight charges, and currency volatility amid the West Asia crisis. Smartphone prices have risen 21% on average in 2024.
Business Standard·3h ago