GENERAL4 Oct 2026
Appliance makers expect double-digit growth in festivals despite price hike
Appliance makers have raised prices by 5-8 per cent, the third hike this year, as copper, aluminium, steel and freight costs went up. For buyers, they still expect double-digit festive sales through Navratri and Diwali, helped by premium demand, replacements and easy finance. If you plan a purchase, compare models and check easy instalment (EMI) options first.
Key Statutory Highlights
- Prices of air-conditioners and other consumer appliances rose 5-8 per cent before the festive season, the third round of hikes this year.
- Costlier copper, aluminium, steel, crude derivatives, freight and currency movements pushed companies to raise prices.
- Haier India expects 30-35 per cent growth in festive sales by value and about 20 per cent by units, while it sees industry growth at 10-15 per cent.
Actionable Advice for Taxpayers / Founders:If you are planning to buy an appliance this festive season, compare capacity and features carefully and check EMI or finance options before paying, since prices are already higher and deals may vary by dealer.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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