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.

Eliminating import duties on these components could pave the way for smartphone makers to scale up manufacturing in India.

Finance minister Nirmala Sitharaman presented a historic Budget speech, her eighth consecutive Union Budget for the fiscal ...

India’s electronics production has seen a dramatic rise in recent years, crossing the $115 billion mark in 2024, and with ...

Finance minister Nirmala Sitharaman's eighth Union Budget emphasizes technology, digital connectivity, and manufacturing. Key ...

Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...

Budget 2025 brings positive news for smartphone and Smart LED TV buyers as Finance Minister Nirmala Sitharaman announces ...

Budget smartphone sales dipped sharply in the last quarter of 2024 as buyers feeling the pinch held off on upgrades.

Reduction in customs duties on key components aims to make smartphones and TVs more affordable while boosting India's electronics manufacturing sector.

Union Finance Minister Nirmala Sitharaman, presenting the Budget 2025-26 on Saturday, introduced some key changes in basic customs duties (BCDs) that will impact the prices of various goods. The ...

Lifting import duties on these components could pave the way for smartphone makers to scale up manufacturing in India.

Donald Trump, during the US Presidential election campaigns, had called India a 'very, very big abuser' of import tariffs, ...