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A Festive Boost Isn't Certain For Appliance Makers To Retailers This Time
Makers of home appliances are betting on the festive season for a boost. But there’s a problem.
01 Sep 2021, 04:59 PM IST
As the second wave of the Covid-19 pandemic stalled a rebound, makers of home appliances are betting on the festive season for a boost. But that's far from certain.Everything from refrigerators to washing machines has turned costlier as companies increased prices to offset rising commodity and freight costs. According to the electronics retailer Vijay Sales, prices are up 3-15% across products.And now, a global chip shortage is threa...
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