Smartphones and TVs Set to Become More Affordable in India Following Budget 2025

In a significant move to enhance consumer accessibility, Finance Minister Nirmala Sitharaman announced in the Union Budget 2025 that import duties on essential components for smartphones and Smart LED TVs will be reduced. This initiative aims to lower manufacturing costs, making these electronic devices more affordable for Indian consumers. The budget also emphasizes boosting local production, positioning India as a competitive hub in global electronics manufacturing.

 

Source: India TV Times, Times of India, Economic Times