profiteering in replacement parts

Friends, many many brands for gadgets appliances automobiles engage in rampant profiteering when it comes to replacement spare parts.

Because we are captive they charge the moon and milk us. Can something be done in consumer interest where there is a cap on service and replacement parts profit?

I am not being anti capitalism but just want fair pricing for replacement parts Industry.

That is why we have mechanics who will buy second hand parts of vehicles/Appliances and repair equipment.

See attached how we paid IFB at MRP which is likely 3-4X their cost. more  

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I wish to take up this issue. Can someone in the group tell what are the Laws related to pricing products - be it electronic, medicines, auto spares and where I can take up this issue. More than a year back, I was quoted price of my Duster fan belt @ Rs. 5,250/-. This is exorbitantly high, could be 10 times high. more  
product sold at india market are low quality. replacing apart cost half of the product price. more  
All equipment manufacturers, be it MNC or local, play the same trick to exploit the hapless consumers. Consumer affairs ministry should frame guidelines to stop this un fair trade practice. more  
its the same with each and every electric and electronic brand w knowledge of electronics, electricals i know i can repair equipment w same components at 25% cost but end up paying huge amounts , most organizations change the whole circuit board instead of a single component charge huge , some other charge exorbitant for single component against which one can change the complete circuit board . more  
Consumers rights are often been taken for granted by the seller. Often the buyer feels lethargic to even know about their rights. Baffled by the fact of going to court or lodging an FIR, people do not complain if they cheated with a wrong price, product or service. Nevertheless, contrary to the fact that people what people preserve in their imaginations, filing a consumer right complaint is a piece of cake - all you need to do it visit https://consumerhelpline.gov.in/. Steps to lodge consumer complaint Step one: Visit the official website of consumer rights complaints https://consumerhelpline.gov.in/ Step two: Dial toll free number 1800114000 or 14404 given on the homepage. Step three: You can make a call to the number and speak about your issue directly with the concerned officer. Step four: Your complaint will get registered, take your complaint number for future reference. Step five: You will receive an email or a message describing your issue. Step six: Acknowledge the email and address to the one you have complained directly on mail describing what really bothered you about their services. The phone lines are active on all days from 09:30 am To 05:30 pm except for national holidays. Other ways to get your complaint lodged SMS at 8130009809 Register yourself at https://consumerhelpline.gov.in/user/signup.php You can also leave your complaint via Consumer App at https://consumerhelpline.gov.in/apps/consumerapp/ more  
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