World · India Bureau
Major Indian appliance makers to hike prices on air conditioners, televisions
Leading electronics manufacturers including LG, Godrej, and BPL have confirmed price increases of up to 8 percent effective October 1, affecting popular household appliances during the festive season.
LSN India ·
Indian consumers shopping for air conditioners, televisions, washing machines, and refrigerators during the festival season will face significantly higher prices from next month, as major electronics manufacturers implement across-the-board tariff increases.
Multiple appliance makers have confirmed that price hikes of up to 8 percent will take effect from October 1. The increases will impact a broad range of consumer durables that typically see peak demand during India's festival shopping period.
Manufacturers including LG, Godrej, and BPL have all publicly acknowledged the planned price adjustments. The timing of the increases coincides with the Diwali shopping season, when many Indian households traditionally purchase new appliances.
The price hikes reflect broader cost pressures facing the electronics sector. Consumers considering purchases of these appliances are expected to face steeper bills in the coming weeks, potentially dampening demand during what is typically a peak sales period for the industry.