EVs, home appliances may get costlier in India as copper prices rise

Electric vehicles and consumer appliances may become costlier in India as copper prices surge above $14,000 a tonne, raising input costs. Indian industries including automobiles, electronics, telecom, infrastructure, construction and agriculture are likely to feel the impact. Companies are weighing how much of the higher costs to absorb and pass on, with some already signalling price hikes soon.