Festive Season Boost: ACs, Dishwashers Get Cheaper After GST Cut
India Business News: The festive season is just around the corner, and consumers looking to upgrade their homes can now breathe a sigh of relief. The recent GST cut has led to a significant reduction in prices of air conditioners and dishwashers, making them more affordable for the average Indian consumer.
Big Cuts, Bigger Choices
Leading brands have slashed prices by up to Rs 4,500 on ACs and Rs 8,000 on dishwashers, passing on the benefits of the GST Council’s recent decision to cut tax from 28% to 18%. This move is expected to boost sales, with appliance makers anticipating a double-digit jump in demand as shoppers queue up for deals.
Dishwashers Turn More Affordable
Dishwasher makers are also eyeing a surge in demand as lower prices bring this urban luxury within reach of more households. BSH Home Appliances has reduced prices across models, with entry-level machines now starting at Rs 45,000, while its high-end dishwashers have dropped by Rs 8,000 to Rs 96,500. Voltas Beko has trimmed its entry model to Rs 23,390 from Rs 25,990.
Festive Buzz Builds
The timing of the GST cut couldn’t be better, with Navratra kicking off the festive season this week. Top players, including Voltas, Daikin, LG, Panasonic, Haier, and Godrej Appliances, have rolled out fresh price lists. Daikin’s popular 1.5-ton 5-star inverter split AC, earlier priced at Rs 73,800, now costs Rs 68,020. LG has trimmed its entry-level 1-ton inverter split AC to Rs 32,890, while Voltas has brought down its inverter window AC to Rs 43,290 from Rs 46,990.
Godrej Offers Steep Cuts
Godrej is offering the steepest cuts in the commercial category, reducing between Rs 8,550 and Rs 12,450 on cassette and tower ACs. Haier’s Gravity 1.6-ton inverter AC now retails at Rs 46,085, after a cut of nearly Rs 4,000.
Impact on Indian Consumers
The price reduction is expected to have a significant impact on Indian consumers, who can now afford to upgrade their homes with the latest appliances. The festive season is a time for renewal and rejuvenation, and the reduced prices will surely add to the celebratory mood.
Internal Linking Opportunities
For more information on the impact of the GST cut on the Indian economy, please visit our website. You can also check out our article on tips for buying air conditioners and dishwasher buying guide to make an informed decision.
