Industry players said microwave oven prices may see only a minor impact after customs duty exemption in the FY27 budget. The move is expected to boost domestic manufacturing, improve component sourcing and strengthen India’s consumer electronics sector
Presenting the Union Budget 2026–27, Finance Minister Nirmala Sitharaman outlined three ‘Kartavyas’ aimed at accelerating economic growth, fulfilling people’s aspirations and ensuring inclusive access to resources, while signalling continued reforms and higher capital expenditure.
