AC prices poised for 15% rise in India as costlier copper, weak rupee push up manufacturing costs
AC prices surge: Almost a day after the prices of both domestic and LPG cylinders surged in India, the country’s residents are set to feel the pinch again, as the cost of air conditioners are also expected to spike by 15%. At a time when Indians have begun sensing the scorching temperatures, leading AC manufacturers have announced a price hike ranging between 5 and 15%, citing high costs…
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