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DAIKIN PRICE HIKE
Voltas sells one million AC units in first quarter of FY27Voltas has achieved a significant milestone, selling one million room air conditioners in the first three months of the 2026-27 financial y...- US-Iran truce brings respite, but no quick fix for India Inc's supply painCEOs express cautious optimism following the US-Iran ceasefire, anticipating a consumer sentiment boost after a month of geopolitical uncer...
- AC makers brace for unseasonal rain, rising costs ahead of summer demandUnusual rains are impacting early summer sales for air-conditioner makers. Price hikes are also a concern due to rising raw material costs ...
- Hot summer, higher AC costs: Daikin, Voltas, LG among brands raising prices by 5–15% this yearAir conditioner prices are set to rise by 5-15% between February and April. Leading companies like Daikin, Voltas, and LG are implementing ...
- AC makers raise prices by 5–15% ahead of summer as input costs climbRoom air-conditioner prices are rising by 5-15% as manufacturers face higher costs for copper, aluminium, and freight. This price adjustmen...
- Daikin to go for 7-12% price hike as raw material costs increaseDaikin India will raise prices by up to 12 percent starting April 2026. This adjustment is due to increased raw material and supply chain e...
- Unprecedented AC demand forces makers to airlift components from abroadAir-conditioning manufacturers in India are facing a surge in demand due to a relentless heatwave, leading to emergency airlifting of compo...
- Nikkei closes at 2-week high on hopes for slower U.S. rate hikesTechnology heavyweights led the Nikkei higher, with chip making equipment maker Tokyo Electron rising 1.9% to provide the biggest boost to ...
- AC makers set to hike prices to offset rising input costs; expect high double-digit growth this yearLeading players such as - Voltas, Daikin, LG, Panasonic, Haier, Blue Star and Samsung - are expecting a high double-digit growth, as they a...
- AC prices to go up by 5 per cent due to customs duty hike, rise in logistics cost amid Coronavirus scareWhile presenting the budget, Finance Minister Nirmala Sitharaman had proposed to hike the basic customs duty to 12.5 per cent from 10 per c...
- Covid-19 impact: Prices of durables, phones set to rise by February endPrices of TVs, ACs and some phones are set to go up as manufacturers grapple with component shortages.
- Delayed summer keeps appliance companies like LG, Samsung in coldGodrej Appliances business head Kamal Nandi said there is price aggression among brands because of depressed demand.
- Buy Voltas, target Rs 705: JM FinancialBuy Voltas Ltd. at a price target of Rs 705.
- Consumer durable firms Haier, Whirlpool, Panasonic, Godrej hike prices by up to 5%The government decided against extending excise duty concessions given to the consumer durables industry from December 31.
- New energy saving ratings for ACs, fridge likely in 2015Leading white goods makers said the BEE is already testing the proposed ratings for inverter air-conditioners and side-by-side and multiple...
- BEE to set new energy ratings for premium ACs & refrigeratorsThe BEE plans to roll out the new rating norms from next year, which are likely to make inverter ACs the most energy efficient.
- Daikin to hike AC prices by up to 5% from AugustThe rupee has been on a continuous slide against the dollar and had touched an all time low of Rs 61.20 per dollar on Monday.
- Companies to hike AC, refrigerator prices by 10 pc due to higher input costsWhite goods makers such as LG, Godrej, Daikin and Voltas have increased prices of air-conditioners and refrigerators by up to 10 pc.
- High prices see air-conditioners' sales plunging 40% this summerA five-star 1.5 tonne split AC is now selling for about Rs 36,000, compared with Rs 30,000 last year.
- Have to gain market share at any cost, asserts AC maker DaikinWorld's largest air-conditioner maker Daikin Industries targets to become one of the top three AC brands in India in three years.
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