Iran war drives up AC and TV prices, straining festive shopping budgets
- The ongoing conflict in Iran has led to significant price increases for air conditioners and televisions ahead.
- Higher costs of metals, memory chips, plastics and display panels are increasing expenses for manufacturers.
- Blue Star has raised AC prices by 8%, while Thomson India plans a 10% increase across categories after October.
- Companies say they have absorbed some extra costs, but prolonged delays could make further price hikes unavoidable.
Source: timesofindia.indiatimes.com
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