Indian air conditioner companies like Haier, Voltas, Blue Star, Daikin, LG, and Samsung are raising prices by 4-5% because there aren’t enough parts worldwide. This change affects people all over India since makers have to deal with higher costs for materials and shipping during the busy summer months. Market pressures and rising prices make these changes necessary.
“Makers plan to raise prices because of shortages in the supply chain.”
The price hike will start in early April 2025. Companies are changing their production schedules quickly. They are improving how they get supplies, finding new sources for parts, and making shipping better to deal with shortages and the rising prices of materials in Indian markets.
The main reasons for higher prices are increasing costs of materials, problems with global supply chains, and higher shipping fees. Because more people want air conditioners during summer, companies must pass on these extra costs.
A study warns that these price hikes might make air conditioners less affordable, especially in rural areas. It notes possible sales losses of 400,000-500,000 units and financial impacts estimated at Rs 1,200-1,500 crore, reflecting past market changes.
This price rise is changing the market and how people buy air conditioners. Future plans and making more products locally may help ease these pressures over time.
