Appliance Price Hike October 1: Blue Star, Godrej Appliances, Haier, Daikin and Super Plastronics have decided to increase prices by 4 to 10 percent in different product categories. Whereas Panasonic is currently considering increasing the price and may take a decision soon.
These items will become expensive from October 1
AC Fridge Price Surge October: The new month of October is going to start from tomorrow and this month can prove to be expensive for the common people. The government has increased the prices of many everyday items from October 1, the direct impact of which will be visible on the pockets of the common people. On one hand, the prices of many food items have already increased, on the other hand, from October 1, 2026, people will have to face the double blow of inflation as other products including AC, fridge, TV and washing machine will become expensive. Let us know the prices of which things are going to increase from October 1 and by how much the rates will increase.
Which brands’ prices will increase?
Blue Star, Godrej Appliances, Haier, Daikin and Super Plastronics have decided to increase prices by 4 to 10 percent in different product categories. Whereas Panasonic is currently considering increasing the price and may take a decision soon. According to reports, LG and Bash Home Comfort have also increased the prices of ACs by about 5 percent.
How much can prices increase?
Copper is used extensively in making air conditioners. According to NS Satish, President of Higher India, last year the price of copper was around $ 8,000 to 9,000 per metric ton, which has now increased to around $ 14,500 per metric ton. About 3 to 4 kg of copper is used in one AC. If the prices of copper and other essential commodities continue to rise like this, then there may be another increase in the prices of AC after Diwali and then in January.
When will the prices increase?
Due to increase in commodity prices by about 8 to 10 percent, it has become necessary for companies to increase the prices of their products. However, every company can keep the date of price increase different. Some companies may implement new prices from October and some from November.
What is the reason for increasing prices?
The main reason for the increase in AC prices is the rising cost of essential items like copper, steel and plastic. Blue Star MD B. According to Thiagarajan, the company has already increased prices three times this year. Compared to last year’s festive season, the costs of companies have increased by about 15 percent.