Major consumer electronics and home appliance manufacturers in India—including LG, Blue Star, Daikin, Haier, Godrej, and Super Plastronics—are set to increase prices across product categories starting October 1. This marks the third price hike for consumer appliances this year, driven by persistent global cost pressures.
Why Are Appliance Prices Rising?
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Raw Material Inflation: Key commodity prices have spiked significantly. Global copper prices have jumped from around $8,000–$9,000 to nearly $14,500 per metric tonne, alongside substantial cost increases for steel, aluminum, and crude-oil-derived plastics.
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Freight & Global Tensions: Escalating ocean freight expenses, dollar strengthening, and supply chain bottlenecks tied to geopolitical conflicts in West Asia have added heavy logistics overheads.
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High Copper Reliance: Air conditioners require roughly 3 to 4 kg of copper per unit, making them the single most impacted product category.
Expected Price Increases by Category
Across major brands, baseline prices will go up by 5% to 8%, with select models seeing revisions up to 10%:
| Category | Expected Price Increase | Industry Highlights |
| Air Conditioners (ACs) | 5% – 10% | Daikin and Haier confirmed 5–10% hikes; LG, Blue Star, and Hitachi have raised rates by 5–8%. |
| Smart LED TVs | 3% – 5% | Panel and component cost pressures are pushing prices up across budget and mid-tier models. |
| Refrigerators | 3% – 5% | Moderate adjustments across single-door and frost-free variants. |
| Washing Machines | 2% – 4% | Increases driven by higher plastic body and motor manufacturing costs. |
Where to Find Old Stock at Pre-Hike Rates
If you are looking to beat the price increase, you can still secure appliances at pre-hike prices through the following options:
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Distributor & Retail Pipelines: Multi-brand retail stores and regional electronic chains currently hold 30 to 45 days worth of existing inventory purchased at older rates.
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Diwali Festive Sales: Leading offline retailers and e-commerce platforms (such as Amazon, Flipkart, Vijay Sales, and Reliance Digital) will clear this existing pre-hike stock during their upcoming Diwali festive sales.
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Post-Diwali Transition: Once the pre-stocked inventory is sold out during the festive rush, the new higher rates will fully take effect across all retail channels.
