Tech enthusiasts and customers eagerly anticipate Smartphone price changes approaching Budget 2025. Many are asking if the new budget would lower mobile phone prices.
First, Let’s examine the prior year’s budget to see what Budget 2025 could produce. Finance Minister Nirmala Sitharaman’s major initiatives in 2024 helped to increase smartphone output in India. Reducing fundamental customs duty on mobile phones, chargers, and printed circuit design assemblies (PCDA) was one of the most significant metrics.
Ultimately consumer-friendly prices for smartphones came from lower manufacturing costs, brought by this cut. Mobile phone prices dropped clearly as a result, which helped both consumers and businesses.
What is to be expected in Budget 2025?
Should Budget 2025 introduce comparable tax cuts, smartphones could become even more affordable. The ultimate decision, though, depends on whether the government will reintroduce different measures to bolster the electronics production industry or keep these tax incentives running.
The affordability and availability of mobile devices in India will be affected by the policy direction irrespective.
High Expectations for the AI Industry
The artificial intelligence (AI) sector depends on Budget 2025 as much as it does on smartphones. Responsible AI development policies and others positioning India as a worldwide AI leader are what experts in the field anticipate.
MD of SAP Labs India, Sindhu Gangadharan, stresses the requirement for disciplined financing of deep tech startups and an emphasis on skill development. She emphasizes that artificial intelligence is vital for economic expansion and worldwide competitiveness as well as a driver of innovation.
A committed deep tech fund and closer cooperation among government, industry, and academia could help to advance artificial intelligence using India.
AI-Driven Infrastructure and Sustainable Solution Orientation
Experts also stress the part played in sustainable urban design and infrastructure creation by AI. Chinmay Hegde, CEO of Astrikos.ai, states, “To guarantee this, the Union Government should keep their attention on sustainable infrastructure and environmentally friendly projects in the next few years.”
Promoting efficient and sustainable urban mobility in urban design calls for more funds for artificial intelligence-enabled smart infrastructure and artificial intelligence-driven infrastructure management.”
By 2025, India’s smartphone and AI industries could be fundamentally transformed. Though customers want lower phone costs, the AI industry is eager for forward policies supporting creativity, infrastructure, and sustainability. These sectors in India will next grow according to the final budget decisions.
