By Admin 
Air Conditioner: With the arrival of March the temperature has started rising. From this, it can be estimated how much havoc the heat will wreak in the coming months this year. To get relief from this and to spend a few hours in peace, lines have already started forming at air conditioner shops.
Meanwhile, companies like Daikin, Voltas, Blue Star, LG, Haier and Mitsubishi have announced increase in the prices of ACs. Companies have taken this decision to increase the prices of their models due to increasing expenses on raw materials, weakening rupee and new energy-efficiency norms and increase in freight costs.
Daikin’s price will increase by 12 percent
Daikin India has decided to increase prices by up to 12 percent from April. However, this increase in prices will depend on model-to-model. The company’s chairman and managing director Kanwaljit Java told PTI, “New energy norms have come, due to which the products have become more efficient. Also, prices of materials like copper have increased, the US dollar (against the Indian rupee) is also at an all-time high. Even at the global level, there are a lot of uncertainties amid huge turmoil and freight costs have also increased, making import (of components) expensive, so there is no other option.
Why are AC prices going to increase?
- The prices of copper, aluminum and steel have increased significantly at the global level. Due to this, the production cost has also increased, the effect of which is visible on the price.
- The manufacturing costs of companies have also increased due to the adoption of new energy labeling rules and efficiency norms implemented by the government. Actually, the standards of ISEER (Indian Seasonal Energy Efficiency Ratio) have been increased by the government. This means that now companies will have to provide more cooling with less power. For this, companies are having to replace old technology and old compressors with new and advanced technology. In such a situation, expenses are also increasing.
- Imports are becoming expensive for Indian companies due to the increasing value of the dollar against the Indian currency. Now if imports become expensive, the manufactured product will also automatically become expensive.
- Amidst the global war situation, there has been disruption in the supply chain and expenditure on logistics has increased. In such a situation, companies are increasing prices to bear the additional burden.
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