AC prices may rise 5–15% due to weak rupee
after close1 source ↓written by the desknot a recommendation
- between February
- 5–15%
As temperatures rise, major air conditioner manufacturers are set to increase prices by 5–15% between February and April. Key brands like Daikin, Voltas, and LG attribute these adjustments to higher raw material costs, a weakening rupee, and increased freight expenses. Despite the price hikes, industry leaders expect strong sales this summer.
• Price increases driven by copper costs
• Adjustments ahead of peak demand
• Optimism remains despite challenges
Not investment advice. For informational purposes only.