TVs, ACs, smartphones, laptops to get costlier by up to 10% in India due to Russia-Ukraine war & China lockdowns: Report
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Consumer electronics manufacturers on Thursday said that the prolonged Russia-Ukraine war and China lockdowns will result in significant price hike in the prices of electronic goods by up to 7-10 per cent next month. Avneet Singh Marwah, CEO of Super Plastronics Pvt. Ltd, an exclusive brand licensee of Thomson, said that there has been a double impact on the industry by the Russia-Ukraine war and lockdowns in China.