AC Price Hike: This is a great chance for you if you are thinking about purchasing an air conditioner for your house. Companies will soon raise the price of air conditioning. After which the AC which you are getting cheaply now will be offered at a greater price. Find out which ACs will see price hikes here.
Many parts of India are seeing small amounts. The storm that is occurring in between the rainfall is affecting the need for air conditioning in some areas. Companies are still considering raising the cost of air conditioning, though. Severe heat is predicted over the next few days based on weather figures. As a result, there may be a rise in demand for AC, which will increase prices as well.
These companies’ AC pricing will be changed.
The PTI report claims that air conditioner manufacturers, including Blue Star, Samsung, and Haier, are permitted to increase prices by as much as 5% starting in April. In addition, the room air conditioning company continues to import critical components from China, such as fan motors, PCBs, and compressors. For these parts, all of these companies rely on China. At the same time, companies are more tense due to the tariffs that were put in place under Donald Trump’s government.
AC will become expensive in May-June
As of right now, the weather has had a mixed impact on room air conditioners, according to Kamal Nandi, Head and Executive Vice President of Godrej Appliances.
Looking to the south, we can see that it is raining periodically. But in the North, East, and West, the temperature has risen. The South area makes up about 23% of the market. where it has not reached its peak yet. The overall sales of air conditioners may be impacted by this. In the month of April, but it the prices will not change. The impact but will be felt in May and June.
As per Nandi, Godrej Appliances expects a 50% increase in air conditioner sales during the third week of June. At the same time, people in higher education in India are now more interested in air conditioners with cooling capacity than tonnage. Starting on April 15, Higher India has the power to raise the price of room air conditioners by four to five percent.
