Smartphones and televisions may become more affordable following the Union Budget 2025-26 announcement, which introduced a reduction in basic customs duty (BCD) on key electronic components.
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production ...
In the Union Budget 2025, Nirmala Sitharaman announced a reduction in the price of Smart LED TVs and smartphones, boosting more manufacturing units in the country.