Budget 2026: Gadgets Cheaper? Mobiles, Smartwatches May See Price Drops

• The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman, will focus on the electronics sector with potential customs duty rationalization.
• Industry bodies ICEA and MAIT have requested BCD reductions on key components for mobiles, laptops, and wearables to strengthen 'Make in India'.
• Mobile phones are highly likely to become 5-8% cheaper due to proposed BCD cuts on components and the extension of the PLI scheme.
• Non-touch laptops and basic models may become cheaper, but high-end/touchscreen laptops could see stable or slightly higher prices.
• Smartwatches and wearables are expected to become cheaper with proposed duty reductions on finished products and mechanical parts.

Why It Matters: The 2026-27 Budget aims to make mobiles and smartwatches cheaper while boosting 'Make in India'.