Daikin India raises HVAC product prices by 3-5% across all categories

By admin August 17, 2013 7:20 am IST

Daikin Air-conditioning India Pvt. Ltd. has announced a 3-5 per cent increase in prices across all its product range in the residential and commercial HVAC categories. The air-conditioning company is a 100 per cent subsidiary of Daikin Industries Ltd. (Japan), one of the world’s leading air-conditioning companies.
The increase in prices, which will be effective from August 01, 2013, is due to the ascending US dollar rates as compared to the Indian rupee which has increased the input costs, thus putting pressures on inventory creation. The move is to offset the rising manufacturing costs due to the continuing depreciation of the Indian rupee because of which the input costs of components like copper wiring and other materials have risen in the near past.

Advertising

Your future advertising space? Our media data