Budget 2026: Finance Minister's Big Gift! Smartphones, Tablets to Become Cheaper

• Union Finance Minister Nirmala Sitharaman presented the Union Budget for the ninth consecutive time, focusing on consumer relief.
• The government aims to boost Make-in-India by announcing concessions in electronics manufacturing, potentially lowering prices of domestically produced smartphones and tablets.
• Increased domestic production will offer consumers more affordable devices and help India become an electronics manufacturing hub.
• Import duty concessions on components for lithium-ion batteries are expected to reduce battery costs, making electronic gadgets cheaper and faster to produce.
• This move will benefit both Indian consumers with affordable gadgets and foreign companies manufacturing in India.

Why It Matters: Budget 2026 aims to make smartphones and tablets cheaper through Make-in-India initiatives and import duty concessions.