LG Electronics India has announced a price rise for air conditioners starting October 1. The increase will be between 5 to 7 percent ahead of the festive season. While other consumer electronics manufacturers have also raised prices, LG has not announced changes for its other products. Industry executives have indicated that rising material costs and inflation are affecting profit margins.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.