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Expect TV, home appliances prices to rise by 10% from January PTI New Delhi: Prices for LED TV and appliances such as refrigerator, washing machines are expected to go up by around 10 per cent from January next year on account of rise in costs of key input materials like copper, aluminium and steel and increase in ocean and air freights charges. Besides, prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers. Terming it as imminent and unavoidable, manufacturers such as LG, Panasonic and Thomson are going to increase the prices from January, however, Sony is still reviewing the situation and is yet to take a call on this. ....
You may have to pay more for TVs, refrigerators and these appliances from January We expect the increase in commodity prices to impact our product pricing in near future. I anticipate the prices to go up by 6-7 per cent in January itself and may go up to 10-11 per cent towards end of FY Q1, said Panasonic India President & CEO Manish Sharma. PTI | Updated: Dec 28, 2020, 10:25AM IST New Delhi: Prices for LED TV and appliances such as refrigerator, washing machines are expected to go up by around 10 per cent from January next year on account of rise in costs of key input materials like copper, aluminium and steel and increase in ocean and air freights charges. Besides, prices of TV panels (Opencell) have also gone up by over two-folds due to short supply by the global vendors, while cost of plastic has also gone up due to rise in crude oil prices, said manufacturers. ....
Wait And Watch: Prices Of TV, Electric Appliances Likely To Shoot By 10% From January There is excess demand because of work from home and there is limited supply because factories were not running at full capacity, says Sony India s Managing Director PTI 28 December 2020 Pixabay PTI 2020-12-28T07:49:21+05:30 Wait And Watch: Prices Of TV, Electric Appliances Likely To Shoot By 10% From January outlookindia.com 2020-12-28T07:57:57+05:30 Prices for LED TV and appliances such as refrigerator, washing machines are expected to go up by around 10 per cent from January next year on account of rising in costs of key input materials like copper, aluminium and steel and increase in the ocean and air freights charges. ....