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AC, TV, appliance prices may rise up to 8% from Oct 1 ahead of festivals

Ahead of the peak festival season, leading appliances and consumer electronics makers are going to increase prices of air conditioners, LED TVs, washing machines and other products by 5 per cent to 8 per cent effective from October 1, passing on the rise in inputs of soaring metals such as copper, steel, crude derivatives as well as currency exchange volatility due to the ongoing West Asia crisis. This will be the industry's third round of price hikes in 2026, with manufacturers saying sustained inflation in key inputs such as copper, aluminium, steel, and crude oil derivatives, coupled with higher freight costs, has made further price revisions unavoidable. Air-conditioner prices are set to rise 5-8 per cent; some players are also increasing prices of washing machines, refrigerators and LED TVs by 3-4 per cent, industry executives said, while others are still evaluating the impact. While some companies fear the hike could affect festive demand, others believe the impact will be ...

AC, TV, appliance prices may rise up to 8% from Oct 1 ahead of festivals
Updated On : 27 Sep 2026 | 11:03 AM IST

AI may be the buzzword, but Indian home buyers still want value: Report

Amazon India's latest Best in Tech Survey shows that Indian consumers are increasingly choosing home technology based on practical benefits such as picture quality, energy efficiency and service

AI may be the buzzword, but Indian home buyers still want value: Report
Updated On : 17 Sep 2026 | 4:43 PM IST

BSH Home Appliances sees India among its top five growth markets globally

BSH Home Appliances India targets rapid growth through wider distribution, new product categories and increased local manufacturing

BSH Home Appliances sees India among its top five growth markets globally
Updated On : 17 Sep 2026 | 12:10 AM IST

Gains ahead for LG Electronics after strong Q1 show, positive outlook

Broad-based category growth, premiumisation and localisation support LG Electronics India's outlook, though the recent stock rally has raised valuation concerns

Gains ahead for LG Electronics after strong Q1 show, positive outlook
Updated On : 01 Sep 2026 | 10:17 PM IST

SharkNinja enters India, eyes local production under Make in India

US-based appliance maker SharkNinja has entered India with select products and plans local manufacturing, aiming to tap growing demand across online and offline channels

SharkNinja enters India, eyes local production under Make in India
Updated On : 14 Apr 2026 | 3:55 PM IST

India flies out of emerging market bracket of BSH Home Appliances

BSH Home Appliances has made India a standalone region after 7% growth in 2025, driven by premiumisation and rising demand across key appliance categories

India flies out of emerging market bracket of BSH Home Appliances
Updated On : 28 Mar 2026 | 7:15 PM IST

Household appliances stocks: TTK, Stove Kraft rally upto 15% in weak market

As per media sources, panic buying of induction cooktops has surged on quick-commerce platforms amid disruptions in commercial LPG supply across several cities.

Household appliances stocks: TTK, Stove Kraft rally upto 15% in weak market
Updated On : 11 Mar 2026 | 11:10 AM IST

HDFC Sec starts coverage on LG Electronics India with 'Add'; check target

HDFC Securities expects the LG Electronics India's revenue, Ebitda, and adjusted PAT to grow at 8 per cent CAGR each over FY25-28E

HDFC Sec starts coverage on LG Electronics India with 'Add'; check target
Updated On : 30 Jan 2026 | 8:45 AM IST

Kitchenware startup Cumin Co. raises $5 mn in pre-Series A funding round

The direct-to-consumer kitchenware brand has raised $5 million in a pre-Series A round led by Fireside Ventures to expand R&D-led product portfolio and strengthen supply chain, innovation capabilities

Kitchenware startup Cumin Co. raises $5 mn in pre-Series A funding round
Updated On : 21 Jan 2026 | 4:37 PM IST

Star ratings mandatory from Jan 1 for TVs, fridges, LPG stoves, chillers

The government has made energy efficiency star-labelling mandatory on a host of appliances, including refrigerators, televisions, LPG gas stoves, cooling tower, and chillers from January 1. According to a gazette notification issued by the Bureau of Energy Efficiency, the new regulation for energy efficiency star-labelling will also apply on deep freezers, distribution transformers and grid connected solar inverter. Earlier, star labelling was voluntary on these items like frost-free refrigerators, direct cool refrigerators, deep freezers, RAC (cassette, floor standing tower, ceiling, corner AC), colour televisions and ultra-high definition televisions. An official on condition of anonymity said the list of mandatory appliances for star labelling is updated from time to time. The draft regulation for these appliances was introduced in July 2025 for public feedback and these changes are based on the response received from stakeholders. Star labelling was earlier made mandatory on r

Star ratings mandatory from Jan 1 for TVs, fridges, LPG stoves, chillers
Updated On : 31 Dec 2025 | 6:01 PM IST

Google revamps Home with Gemini AI, new Nest devices and subscription plans

Google adds Gemini AI to Home with a redesigned app, fresh Nest hardware and a premium plan for smarter and more useful home devices

Google revamps Home with Gemini AI, new Nest devices and subscription plans
Updated On : 02 Oct 2025 | 10:31 AM IST

Haier India expects up to 30% growth in festive season aided by GST cuts

Haier Appliances India, an appliance & Consumer electronics maker, expects around 25 to 30 per cent growth this festive season, helped by GST reduction on large screen TV sets and room-air conditioners, its President NS Satish has said. The company, which is investing Rs 1,500 crore in its Greater Noida-based plant and scouting land for a new factory in South India to cater to the domestic and export opportunities, said this GST reduction is expected to increase the localisation drive and 'make-in-India' project. "Definitely, the GST benefit will increase the consumption. So as the consumption increases, the scale of production also goes up. So, obviously, the investment, which we had already planned, will take it on a faster track," Satish told PTI. According to Satish, this GST reform is "one of the boldest moves" by the government of India to boost the economy. Earlier this month, the government, as part of its next-generation GST reforms, reduced the duty on TV screens above .

Haier India expects up to 30% growth in festive season aided by GST cuts
Updated On : 19 Sep 2025 | 2:58 PM IST

Eureka Forbes can double in 3-4 years, says Emkay; stock up over 2% today

Emkay initiated coverage on Eureka Forbes stock with a target price of ₹725, implying about 24 per cent upside.

Eureka Forbes can double in 3-4 years, says Emkay; stock up over 2% today
Updated On : 05 Sep 2025 | 10:34 AM IST

I moved from TV to Lumio Arc projectors at home: Here is what happened next

Trying Lumio Arc 5 and Arc 7 projectors showed me the pros, cons, and learnings of replacing a television with a portable big-screen experience

I moved from TV to Lumio Arc projectors at home: Here is what happened next
Updated On : 01 Sep 2025 | 11:13 AM IST

Reliance acquires home appliances firm Kelvinator for undisclosed sum

Deal will enable Reliance Retail to significantly broaden offering in consumer durables sector, company says

Reliance acquires home appliances firm Kelvinator for undisclosed sum
Updated On : 18 Jul 2025 | 2:16 PM IST

One full load at a time, dishwashers are changing how Indian kitchens work

A dishwasher is no longer a luxury - it's a smart investment in convenience, hygiene, sustainability, and quality of life, especially for urban Indian homes

One full load at a time, dishwashers are changing how Indian kitchens work
Updated On : 26 Jun 2025 | 4:15 PM IST

JV Voltbek's FY25 revenue rises 39.5% to ₹2,235.53 cr, volume grows 57%

Voltbek Home Appliances, a joint venture between Voltas and Turkish firm Arelik, narrowed its losses to Rs 241.89 crore in FY25 while its revenue from operations rose 39.5 per cent to Rs 2,235.53 crore. According to the latest annual report of the Tata Group firm, Voltbek also achieved robust volume growth of 57 per cent on a year-on-year basis, outperforming the industry, which experienced single-digit growth in key categories. In the preceding financial year ended March 2024, the joint venture had recorded a revenue from operations at Rs 1,602.87 crore and a loss of Rs 267.09 crore. "Voltbek, the company's home appliances joint venture, recorded a 56 per cent year-on-year growth in volumes, with notable market share gains in refrigerators and washing machines," said Voltas. Moreover, in FY25, Voltas invested Rs 102.41 crore in the share capital of Voltbek Home Appliances Private which was established in 2017 by the Tata group firm and Arelik, a Turkish multinational household ...

JV Voltbek's FY25 revenue rises 39.5% to ₹2,235.53 cr, volume grows 57%
Updated On : 15 Jun 2025 | 2:19 PM IST

Airtel's Sunil Mittal in talks to buy 49% stake in Haier India for $2 bn

Bharti Airtel's Sunil Mittal has partnered with private equity firm Warburg Pincus to acquire the stake Haier India, and a deal could be signed in a few weeks, Bloomberg reported

Airtel's Sunil Mittal in talks to buy 49% stake in Haier India for $2 bn
Updated On : 09 May 2025 | 2:49 PM IST

LG to invest Rs 5,000 crore in Andhra Pradesh for smart appliance facility

The foundation stone was laid by Andhra Pradesh's Minister for Education, IT, and Electronics, Nara Lokesh, in the presence of LGEIL India Managing Director (MD) Hong Ju Jeon and other dignitaries

LG to invest Rs 5,000 crore in Andhra Pradesh for smart appliance facility
Updated On : 08 May 2025 | 11:17 PM IST

Orient Electric Q4 profit jumps to ₹31.26 cr on strong summer demand

The company's profit rose to 312.6 million rupees ($3.66 million) in the quarter ended March 31, from 128 million rupees a year ago

Orient Electric Q4 profit jumps to ₹31.26 cr on strong summer demand
Updated On : 25 Apr 2025 | 3:32 PM IST