MRP Of Room ACs Down Up To Rs 4,700, Dishwasher Prices Slashed From Sep 22

Panasonic India has decreased the pricing of its 1.5-tonne window air conditioner (File)

New Delhi:

Major appliance manufacturers have implemented price reductions on room air conditioners by up to Rs 4,500 and dishwashers by up to Rs 8,000, with new rates becoming effective from Monday as companies pass on GST benefits to consumers.

These companies are anticipating double-digit sales growth during the upcoming festival season, with Navratra celebrations beginning this week.

Prominent brands including Voltas, Daikin, Godrej Appliances, Panasonic, and Haier have already announced revised price lists, which will take effect from Monday, September 22, coinciding with the implementation of the revised GST rates.

Some air conditioner manufacturers, along with their retail partners, had initiated pre-booking opportunities at reduced prices, expecting increased consumer demand as the lower GST rates become effective next week, and are encouraged by initial customer response.

Beyond room air conditioners, manufacturers have extended GST benefits to variable refrigerant volume (VRF) air conditioners designed for large buildings or small commercial establishments, as well as light commercial air conditioners (cassette type split AC) and tower air conditioners.

Godrej Appliance is reducing prices between Rs 8,550 and Rs 12,450 on cassette and tower ACs. For split inverter ACs, price reductions range from Rs 3,200 to Rs 5,900.

Haier has cut the MRP of its Gravity (1.6 ton inverter) AC by Rs 3,905 to Rs 46,085 and reduced the Kinouchi AI (1.5 ton 4 star) AC by Rs 3,202 to Rs 37,788.

Earlier this month, the GST Council decided to lower the tax rate on air conditioners and dishwashers from 28 percent to 18 percent.

Leading RAC manufacturer Voltas has reduced its fixed speed window AC price to Rs 39,590 from Rs 42,990 and its inverter window AC to Rs 43,290 from Rs 46,990.

Daikin's 1 ton 5 star inverter split AC price has been decreased to Rs 18,890 from Rs 20,500.

Its 1.5-ton 5-star inverter split AC, previously priced at Rs 73,800, has been reduced to Rs 68,020, while its 1.8-ton 5-star inverter split AC is now priced at Rs 84,980, down from Rs 92,200.

The MRP of Daikin's 1.0 Ton 3-star hot & cold inverter split AC has been lowered to Rs 46,730 from Rs 50,700, and its 1.5-ton 3-star hot & cold inverter split AC is now Rs 56,500, reduced from Rs 61,300.

LG Electronics has reduced the price of its entry-level 1 ton 3-star inverter split AC to Rs 32,890, passing on a GST benefit of Rs 2,800. The MRP of LG's 1.5 ton inverter split AC has been lowered by Rs 3,600 to Rs 42,390. It has also reduced 2 ton split AC prices by Rs 4,400 to Rs 55,490.

Panasonic India has decreased prices of its 1.5-tonne window AC with MRPs now starting from Rs 42,000 and going up to Rs 46,000, effective from Monday, down from Rs 45,650 and Rs 49,990, respectively. Prices of its fixed speed split AC (1.0 ton) now start from Rs 42,400 and go up to Rs 63,900 (for 2.0 ton), down from Rs 46,100 and Rs 69,400, respectively.

Dishwasher manufacturers have also reduced prices, extending GST benefits to consumers. Manufacturers expect this niche segment to expand as products become more affordable for urban consumers.

BSH Home Appliances, a leading dishwasher manufacturer, has reduced prices by up to Rs 8,000 following the GST reduction.

From Monday, its entry-level model will cost Rs 45,000 instead of Rs 49,000, and its premium model has been reduced by Rs 8,000 to Rs 96,500 from Rs 104,500.

Voltas Beko, a joint venture between Tata group firm Voltas and Turkish firm Arcelik, has also cut prices of its dishwashers. The price of its entry-level dishwasher has been reduced to Rs 23,390 from Rs 25,990.