Air-conditioner makers warn of production risks as LPG shortages linked to the West Asia conflict disrupt supply of fuel used in brazing and coating processes
Blue Star announced the launch of a new range of room ACs for the summer 2026, aimed at strengthening its presence in residential and commercial cooling segments
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
As the mercury starts rising, leading room airconditioner makers are increasing prices in the range of 5-15 per cent to offset sustained increases in raw material costs and supply chain expenses. The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Daikin, Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials such as copper, a weaker rupee, new energy-efficiency norms and an increase in freight costs. Industry executives said while adjustments are unavoidable, they expect strong sales momentum this year, aided by forecasts of a hotter summer and improved energy savings from new star-rated models. Daikin India is going to increase prices by up to 12 per cent from April, and the hike in prices would depend on model to model, its Chairman & Managing Director Kanwaljeet Jawa told ...
Carrier's ₹1,000 crore investment in a new AC plant strengthens Sri City's position as India's cooling hub, with manufacturers expanding capacity and the region gaining strategic supply advantages
The stock price of Voltas was up 3% to ₹1,545.15, surpassing its previous high of ₹1,530 touched on March 19, 2025 on the BSE.
Industry estimates show only a tenth of Indian households own an AC, compared to two-thirds in China and one-third in Thailand
Voltas posted largely in-line revenue for Q3, but better-than-expected profitability, particularly in its UCP segment, prompted a reassessment of near-term margin trends among analysts.
Accel and Arkam Ventures back the startup, founded by Urban Ladder's Ashish Goel, as it develops energy-efficient cooling systems tailored to India's power and climate constraints
Prices of cooling appliances such as room air conditioners and refrigerators may go up 5-10 per cent from January 1, 2026, as the new revised star rating from the Bureau of Energy Efficiency (BEE) comes into force. This hike, which will be applicable from January 1, 2026, will almost offset the price advantage which the consumers have got from the GST reforms in September this year on room air-conditioners (RAC), where duty was slashed 10 per cent. Besides the fall of the Indian rupee against the US dollar and global increase of copper prices is also putting pressure on manufacturers' margins. Despite this, leading manufacturers such as Voltas, Daikin, Blue Star, and Godrej Appliances are unfazed and expect this to help to keep the carbon footprints lower. The new 5-star AC under the new revised BEE norms is 10 per cent more energy efficient; however, it will also increase the prices by around 10 per cent, said Blue Star Managing Director B Thiagarajan. "New 5-star is a new produc
Voltas management has indicated that Q3FY26 trends are in line with internal expectations, with most sales still driven by products under the old energy rating table.
Old inventory in the channel is also moving fast, as consumers hope to lock in prices before the new BEE ratings set in
The government has reopened the application window for the PLI scheme for white goods (ACs and LED Lights) till November 10, according to an official statement released on Friday. The application window for round four, originally open from September 15 to October 14, has been extended in view of the strong industry response and increasing investment appetite under the Scheme. The PLI scheme for White Goods, launched in April 2021 with a total outlay of Rs 6,238 crore, aims to boost domestic manufacturing, promote component localization, and strengthen India's global competitiveness in the air conditioner and LED lighting sectors. "The Department for Promotion of Industry and Internal Trade (DPIIT) has extended the application window for Round 4 of the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) till 10th November 2025," it said. The scheme is to be implemented over a seven-year period, from 2021-22 to 2028-29.
Samsung India on Thursday said it experienced "strong growth" in the appliances business during the nine-day-long auspicious Navratri period, supported by recent GST reforms by the government and promotional offers. The sales of premium televisions jumped two-fold, as compared to the corresponding festive period last year, according to a statement issued by the country's leading appliances & consumer electronics maker. Additionally, it has also reported growth in its room air conditioner sales. Growth in sales of air conditioners and TVs was aided by the recent GST reforms by the government, which saw a substantial drop in taxation rates, leading to price reductions across consumer goods and appliances, such as TVs (above 32-inch screen size), air conditioners, and dishwashers. "Samsung's appliances business saw strong growth during the first leg of the festive season (September 22 to October 2) on account of attractive deals that included cashback offers, easy finance and ...
Analysts highlighted elevated channel inventory, delayed consumer purchases, and a weak summer season as key challenges for the quarter for Voltas.
Amber is poised for healthy long-term growth on the back of diversification of the consumer durables segment beyond RACs, improved capacity utilization and broader product offerings across segments.
The District Commission pointed out that under consumer law, the seller is equally accountable for ensuring that the buyer receives a defect-free product
Electronics and appliances industry may close the year with 20% growth, says one executive
GST Council has reduced rates on TVs, ACs and dishwashers to 18% from 28% which may boost consumer demand ahead of Diwali
Indian Cellular and Electronics Association seeks GST cut on air conditioners and television sets to improve affordability, boost domestic sales and enhance India's competitiveness in global markets