Wednesday, March 18, 2026
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Bought a Rs 9,000 business induction cooktop for Rs 23,000, says Mumbai restaurateur

An escalating battle in West Asia has compelled many Indians to maneuver to induction cooking ranges, however now even this final resort appears troublesome, as outlets are working out of inventory. The equipment is disappearing even from on-line websites. It reveals a ‘sold out’ tag on quick-commerce apps in Delhi NCR and different cities throughout the nation. The blockade on the Hormuz Strait, which is positioned between the Persian Gulf and the Gulf of Oman, has led to a extreme scarcity of LPG again dwelling in India. About 85-90% of the nation’s LPG passes by way of this route.

This scenario has opened the black market; remoted circumstances of panic shopping for to hoarding have been reported. It’s getting grim for individuals who depend on LPG cylinders, whereas PNG pipeline customers are comfortably utilizing the service with no disruptions reported thus far.

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A Mumbai-based restaurateur was contemplating shopping for a business induction vary for his restaurant in Parel TT when the information of a possible scarcity broke. “But I thought things would be brought under control. As the shortage became evident, I went to purchase the same cooking range. This time around, what was priced at Rs 9,000 was sold for Rs 23,000,” stated Omkar Kandharkar.

“When my husband told me about the crisis, I immediately panicked and checked quick commerce platforms to get my hands on induction. But to my shock, the product was out of stock on multiple platforms,” stated Shreya Wadhwani, a resident of Delhi NCR.

The Centre has requested that residents keep away from panic shopping for cylinders. Petroleum and Natural Gas Minister Hardeep Puri on Tuesday (March 10) stated, “We have taken steps to ensure that 100% supply of CNG & PNG to domestic consumers is ensured and other industries continue to get 70-80% of their supplies, despite the war situation. We are committed to ensure an uninterrupted supply of affordable energy to our domestic consumers. There is no shortage for domestic consumers and no reason to panic.”

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Suhas
Suhashttps://onlinemaharashtra.com/
Suhas Bhokare is a journalist covering News for https://onlinemaharashtra.com/
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