The Economic Times27 Sept 2026, 10:55 am IST
Appliance and electronics makers to raise prices from October 1
What happened
- Companies like Blue Star, Haier, Godrej, Daikin, and SPPL are increasing prices for products like ACs, TVs, and washing machines by 4-10%.
- The price hikes are due to rising costs of raw materials like copper, steel, and aluminum, along with higher freight expenses.
- Some dealers have existing stock at older prices, which may be available during the festive season.
- Panasonic is currently evaluating market conditions before deciding on a price change.
Key terms explained
Financial terms from this story, in everyday words.
- Input costs
- The expenses a company pays for raw materials and services needed to manufacture its products.
- Freight expenses
- The costs associated with transporting goods from one place to another.
Original source
The Economic Times
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