AC prices up 5-15% as input costs rise, rupee weakens

Asthe mercury starts rising, leading room air-conditioner makers are increasing prices in the range of 5-15% to offset sustained increases in raw material costs and supply chain expens

- PTI

The hikes, being rolled out between February and April, come just ahead of the peak summer season when demand typically surges. Leading players, including Dai Voltas, Blue Star, LG, Haier, and Mitsubishi Heavy Industries, have announced increases across models, passing on higher input costs for key raw materials like copper, a weak rupee, new energy-efficiency norms and increase in freight costs.