News & Media
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Live Mint
19/05/2022
Appliance Makers Weigh More Price Hikes As Rupee Weakens, Costs Rise
Prices of household appliances are up by 20% since last summer. And they are set to climb higher as manufacturers look to compensate for the weaker currency. Companies that BQ Prime spoke to indicated that washing machines, fridge and air conditioners, among other consumer durables, will become costlier by 2-5% starting June, as a weak Indian rupee against the dollar is making imported components
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BQPrime
19/05/2022
Air conditioners see short supply in market with waiting period from 15-30 days on some models
The shortage of products is being caused because of delay in shipment of parts from China and other South-Asian countries. The shortage is majorly is seen in air-conditioners currently because up to 60 percent of the components for ACs come from China. In 10-20 days, situation could get worse and extend to different other products across categories.
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Times Now News
18/05/2022
महज 9999 रुपए में खरीदें Thomson का ये 50 इंच का Smart TV, जानिए क्या है स्कीम
इन दिनों देश में IPL क्रिकेट मैच और वेब सीरीज का का माहौल है। ऐसे में इनका भरपूर मज़ा लेने ले लिए अगर एक बिग साइज़ स्क्रीन वाला स्मार्टटीवी मिल जाए तो मज़ा आ जाए। अब ऐसे में एक बड़ा स्मार्ट टीवी काफी महंगा होता है जोकि हर किसी की पहुंच में नहीं होता। अब मान लीजिये आपको अगर एक 50 इंच का ही स्मार्ट टीवी लेना हो तो उसकी कीमत 40 हजार रुपये के आसपास तो शुरू होती है।
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Patrika
18/05/2022
AI is the way forward for Home appliances and other gadgets
AI or commonly known as Artificial intelligence has taken the world by storm. With the most prominent example of AI being voice assistants, the ease it provides has made it a common household name already. The most significant advantage of artificial intelligence is the 'interactiveness' it gives to the user. As the name suggests artificial intelligence is meant to be as close as humanly possible to an actual live being. AI works by playing on the sociability factor of human beings as a group and hence its responsiveness. Examples of this would be Siri, Alexa, and Google Assistant.
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India TV
18/05/2022
महज 9999 रुपए में खरीदें Thomson का ये 50 इंच का Smart TV, जानिए क्या है स्कीम
इन दिनों देश में IPL क्रिकेट मैच और वेब सीरीज का का माहौल है। ऐसे में इनका भरपूर मज़ा लेने ले लिए अगर एक बिग साइज़ स्क्रीन वाला स्मार्टटीवी मिल जाए तो मज़ा आ जाए। अब ऐसे में एक बड़ा स्मार्ट टीवी काफी महंगा होता है जोकि हर किसी की पहुंच में नहीं होता। अब मान लीजिये आपको अगर एक 50 इंच का ही स्मार्ट टीवी लेना हो तो उसकी कीमत 40 हजार रुपये के आसपास तो शुरू होती है।
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Patrika
13/05/2022
Consumer durables to see 3-5% price hikes as costlier imports amid rupee fall add to input costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufactures pass on the impact of rising input costs to buyers, according to industry players.
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Economic Times Retail
13/05/2022
Prices of TVs, washing machines, refrigerator set to rise; details here
Prices of home appliances and consumer electronics, including TVs, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufactures pass on the impact of rising input costs to buyers, according to industry players.
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Orissa Post
13/05/2022
Consumer durables to see 3-5% price hikes as costlier imports amid rupee fall add to input costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Dev Discourse
13/05/2022
Consumer durables to see 3-5% price hikes as costlier imports amid rupee fall add to input costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Money Control
13/05/2022
Consumer durables to witness 3-5% price hike as higher import costs amid rupee fall add to input expenses
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 percent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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CNBC TV18
12/05/2022
Consumer durables to see 3-5 pc price hikes as costlier imports amid rupee fall add to input costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Economic Times
12/05/2022
Home appliances, electronics to get more expensive
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers...
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Deccan Herald
12/05/2022
Consumer Durables To Witness 3-5% Price Hike As Higher Import Costs Amid Rupee Fall Add To Input Expenses
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 percent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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B2B Chief
12/05/2022
Consumer durables to see 3%-5% price hikes amid costlier imports: Industry
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Business Standard
12/05/2022
Consumer Durables To See 3-5% Price Hikes Amid Costlier Imports: Industry
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Business World
12/05/2022
TV, AC to get dearer on rupee fall, rising EMIs
NEW DELHI: Depreciating rupee against USD and an increase in EMIs owing to the 40 bps repo rate hike by the RBI have posed new challenges for the consumer durables industry. The depreciating rupee is set to increase input cost for companies and most are planning to raise price of products - which means consumers planning shopping for TVs, ACs, washing machines, refrigerators will need to shell out more money.
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New Indian Express
12/05/2022
Consumer Durables, To See 3-5 Pc Price Hikes As Costlier Imports Amid Rupee Fall Add To Input Costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players. Moreover, the depreciating Indian rupee against the US dollar has put further woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components.
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Good Returns
12/05/2022
Consumer durables to see 3-5 pc price hikes as costlier imports amid rupee fall add to input costs
Prices of home appliances and consumer electronics, including TV, washing machines, and refrigerators, are expected to go up by 3 to 5 per cent from May end or the first week of June as manufacturers pass on the impact of rising input costs to buyers, according to industry players.
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Tribune India
12/05/2022
TV, AC to get dearer on rupee fall, rising EMIs- The New Indian Express
Depreciating rupee against USD and an increase in EMIs owing to the 40 bps repo rate hike by the RBI have posed new challenges for the consumer durables industry. The depreciating rupee is set to increase input cost for companies and most are planning to raise price of products- which means consumers planning shopping for TVs , ACs , washing machines, refrigerators will need to sell out more money
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Tech India Express
10/05/2022
Our prices are our most disruptive factor: Avneet Marwah
When the pandemic hit and we were all forced to spend all our time at home, most households transformed from gathering around a single TV in the living room to getting another one for the bedroom. Some people even invested significantly in creating a dedicated movie room in the house since multiplexes were all closed off.