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Feb 28, 2013, 08.05 PM IST | Source: Tech2.com

Budget 2013: Mobile industry unhappy as phones set to grow costlier

The Union Budget, which was announced earlier today, has received a mixed response from the industry leaders and consumers. But one group of consumers who will...

The Union Budget has received a mixed response from industry leaders and consumers. But one group of consumers who will most likely be upset with the Budget are smartphone lovers. Smartphones in India are set to grow costlier as Finance Minister P. Chidambaram has increased the excise duty on mobiles costing more than Rs 2,000 from one percent to six percent.

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