Bengaluru, March 31 -- Consumers planning to buy air conditioners (ACs), air coolers, refrigerators, or washing machines this summer may have to pay more, as appliance makers prepare to raise prices by up to 10% amid surging input costs driven by the US-Israel-Iran war.

While LG Electronics and Hitachi have already raised AC prices by 5-7% in the March quarter, Godrej Enterprises is planning price hikes of 6% to 10% across categories from April, as rising input costs, freight rates, and supply disruptions continue to put pressure on margins, Kamal Nandi, business head (appliances) at Godrej Enterprises Group, told Mint.

"Largely, the prices are going up due to the shortage in key raw materials like plastic, which are dependent on crude ...