Haier and others raise appliance prices ahead of festive season
In short
Haier India plans to raise room AC prices by about 5% from October 1. Blue Star has already raised AC and deep-freezer prices by 5-8%, and some makers are also lifting TV, washing machine and refrigerator prices by 2-4%.
Super Plastronics plans to increase TV prices by around 7% after October. This means shoppers may pay more this festive season, but the report does not list every affected product.
What the reporting says
Haier India plans to raise room AC prices by around 5% from October 1, while Blue Star has already increased AC and deep-freezer prices by 5-8%, according to the reporting. Some manufacturers are also lifting TV, washing machine and refrigerator prices by 2-4%, and Super Plastronics plans a TV hike of around 7% after October. The immediate effect is higher costs for buyers, while the full list of affected models is not stated.
Why it matters
Haier India plans to raise room AC prices by around 5% from October 1, while Blue Star has already increased AC and deep-freezer prices by 5-8%. The reporting also says some manufacturers are increasing TV, washing machine and refrigerator prices by 2-4%, and Super Plastronics plans a roughly 7% TV hike after October. The impact is higher consumer prices, but the full product list is not stated.