AC, TV prices to rise 5 to 8% from October 1

Consumer electronics and appliance makers are set to raise prices of air-conditioners, LED TVs, washing machines and other products by 5 to 8% from October 1, marking the third round of price hikes in 2026. Companies including Blue Star, Godrej Appliances, Haier, Daikin and Super Plastronics have announced increases of 4 to 10% across categories, citing higher costs of copper, steel, aluminium, crude derivatives, freight and currency volatility, according to a PTI report cited by multiple outlets.

Blue Star managing director B Thiagarajan said AC and deep-freezer prices have already risen 5 to 8% and called it the third increase in 2026. Godrej Enterprises Group business head Kamal Nandi said another industry-wide increase had become 'inevitable' after commodity prices rose 8 to 10% since the previous revision, though he noted dealers and distributors had stocked inventory at older prices that could last one to one-and-a-half months, covering Diwali demand. LG Electronics confirmed a 5 to 7% increase on ACs from October 1, while Panasonic is still evaluating.

Industry executives expect cumulative price increases across some categories to reach 16 to 18% since January. Haier India president NS Satish said the company plans a cumulative 15% increase between now and January, with 5% from October 1, another 5% around December and a further 5% in January if input costs remain elevated.