Tech Sector and Auto Sector Budget 2026: Regarding the Union Budget to be presented on 1 February 2026, the eyes of common consumers are fixed on the tech and auto sectors. In the era of inflation, people are expecting such decisions which will make mobiles, cars, electric vehicles and digital services cheaper and make daily life easier.

Smartphones and electronic goods can become cheaper

In the tech sector, the biggest expectation from Budget 2026 is regarding consumer electronics. It is believed that the government can provide relief in import duty and tax on smartphones, laptops, tablets, TVs and household electronic goods.

This will directly benefit lower middle class families, who depend on smart devices for education, online work and digital services. With the promotion of local manufacturing, further decline in prices may be seen.

Focus on internet and digital services

There may be indications of further strengthening Digital India in Budget 2026. Consumers are expected to benefit from cheaper internet plans, broadband connectivity in rural areas and expansion of 5G services. It is also possible to announce new schemes to promote digital payments, online government services and e-learning platforms.

Hope of relief on electric vehicles

The biggest expectation of consumers in the auto sector is regarding Electric Vehicle (EV). Steps like increasing subsidy on EV, reducing GST or making charging infrastructure cheaper can be taken in Budget 2026. If this happens, electric scooters and cars can become accessible to common people, which will provide relief from the rising cost of petrol and diesel.

Relief can be available on petrol and diesel vehicles also

For the middle class, a slight reduction in tax on small and affordable cars and two-wheelers is expected in the budget. This may make buying a new car a little easier. Additionally, there may be new incentives regarding safety and fuel efficiency.

Benefits to employment and skilling

There is a possibility of new employment opportunities being created due to increase in investment in tech and auto sector. Skilling schemes to AI, electric vehicles and digital technology can prove beneficial for the youth.

What will change for the common man?

If these expectations turn into reality, then Budget 2026 can prove to make technology cheap, transport affordable and digital services reach every home.