Manufacturers like Blue Star, Haier, and Godrej are passing on rises in copper, steel, aluminium, and crude derivative costs, marking the third hike in 2026. Executives such as Blue Star's B Thiagarajan note AC and freezer prices already up 5-8%, with Haier planning a 5% increase on room ACs and smaller bumps elsewhere. Retailers have stocked older inventory to soften the blow for early festive shoppers, but new models will carry higher tags amid concerns over demand in a pressured economy.
Last year, Govt cut GST on ACs, TVs & appliances by 10%. It was celebrated as “GST Mahotsav.” But in 2026, appliance manufacturers have already raised prices twice. And now, another 8–10% hike is being discussed from 01 Oct. Who actually benefited from the GST cut? Please done blame us on this ok
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