Currently, there has been a surge in the prices of copper, steel, polymers as well as packaging materials, due to which the cost of production has increased. This will also increase the cost of making products such as AC, fans and freezes and due to this, we may get a few percent increase in the prices of these products in the coming month. If the increase in raw material is seen, then it is quite possible that customers have to pay more than 1,500 to 2000 rupees for AC or Fridge.
Let us know that the price of copper has reached a record high and this material is used extensively in products like AC, Fridge, Cooler, Wings. Of course, an increase in the cost of production can also affect the retail price. In January and February, the prices of AC and freeze have already increased by Rs 2,000 to Rs 3,000 per unit.
Although many companies say that there was a huge reduction in demand due to the Kovid-19 epidemic last year, but this year companies estimate that demand may pick up.