STARTUP LEGAL30 Sept 2026
Price hikes test consumer durables makers’ ability to protect festive demand | Company Business News
Higher input costs are pushing up prices of air-conditioners (ACs), TVs and refrigerators. LG will raise AC prices by 5-7% from 1 October. Copper is up 35% this year. Manufacturers are cushioning the blow with no-cost EMIs, cashback and exchange offers instead of cutting list prices. If you plan a festive purchase, compare monthly payments and exchange benefits, not just the sticker price.
Key Statutory Highlights
- LG Electronics India will raise the prices of its air-conditioners by 5-7% from 1 October.
- Copper prices have gone up 35% in 2026 from a year earlier, while aluminium prices are up 20%.
- No-cost EMIs, cashback offers, exchange schemes, bundled accessories and extended warranties are helping cushion consumers from higher prices.
Actionable Advice for Taxpayers / Founders:Before buying during the festive season, compare the full monthly instalment outflow and any exchange benefit against the listed price, and get the offer terms in writing so you know the real cost.
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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