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Budget 2026: Will smartphones be expensive or cheap after February 1? Know the opinion of experts
Samira Vishwas | January 30, 2026 2:25 PM CST

Discussions are intense across the country regarding the Union Budget 2026 and the biggest question in the minds of common consumers is whether the prices of smartphones will increase or decrease after the budget. In today’s era, smartphones are not just a luxury but have become an everyday necessity, in such a situation any change in prices directly affects the pockets of common people.

Like every year, this time too there are expectations of relief from the budget. Especially when in the last one year, many new indigenous brands have entered the Indian smartphone market, which have given a tough challenge to the Chinese companies. However, after some big brands have increased the prices, the concern has deepened that smartphones may become more expensive after Budget 2026.

Increasing competition in smartphone market

Last year, many Indian companies have entered the Indian smartphone market, due to which the competition has become more intense. While Chinese companies have kept their prices stable for now, Samsung increased the prices of some of its models at the end of the year. For this reason, the question is being raised among both consumers and the industry whether there will be further increase in prices in the coming time.

What is the opinion of industry experts?

According to the media, industry experts say that due to the increasing global demand for Artificial Intelligence, there has been a shortage of important components like memory chips. This has increased the pressure on the global supply chain and increased the production cost of smartphone companies. In such a situation, it is becoming difficult for companies to manage costs without increasing prices.

Why companies do not want to increase prices

However, smartphone companies are also avoiding increasing the prices excessively. The reason for this is that expensive phones can disturb the balance of the market and have a negative impact on demand. Madhav Seth, former CEO of Realme and founder of Nxtquantum Shift Technologies, said that India’s technology sector is at a critical juncture.
He further said that due to the increasing demand for AI integrated devices, the prices of phones have increased.

Which areas will be emphasized

Experts believe that India needs to move forward in the smartphone value chain. For this, manufacturing of camera modules, batteries, printed circuit boards and other important components in the country will be important. Along with this, it is also necessary to increase focus on research and development, system design and software based innovation.

What relief can be provided from the budget?

Currently, most smartphones are assembled in India, while critical parts are imported. People associated with the industry say that if targeted tax incentives and policy support are given in Budget 2026, then domestic manufacturing can get a boost. This will control costs, keep prices stable and in some cases smartphones can even become cheaper.

What next?

Due to pressure on the global supply chain, the possibility of a major price cut is unlikely at the moment, but the policies decided in Budget 2026 will play an important role in deciding whether smartphones will be expensive or affordable for consumers in the coming years.


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