(Asian News Hub) – The prices of television sets are all set to rise from April 1 as all the Chinese panel manufacturers have increased rates by 30 percent. The TV prices may rise between 10-30 percent depending on the screen size of the television and brand.
This comes at a time when television makers have sought that TVs be made under the Production-Linked Incentive (PLI) scheme.
Currently, only segments like air conditioners, LED lights, tablets, and laptops have been made part of the PLI scheme.
Since the Coronavirus outbreak, TV prices have seen an increase almost every quarter. Initially, the price rise was on account of a manufacturing shutdown in China, but later the price-rise continued even as the demand-supply situation stabilised.
