NEW DELHI, Sep 27: Air conditioners, LED TVs, washing machines and other consumer electronics are set to become more expensive by 5% to 8% from October 1, just ahead of the peak festive season.
Leading appliance and consumer electronics manufacturers are planning the price hikes, citing rising input costs and currency exchange volatility amid the ongoing West Asia crisis.
This will be the third round of price increases in 2026 for the industry. Manufacturers said sustained increases in the prices of key inputs such as copper, aluminium, steel and crude oil derivatives, along with higher freight costs, have made another price revision necessary.
The price increase is expected to affect a wide range of household appliances and consumer electronics during the upcoming festive shopping season.
