Their is a very thin line of difference between your latest SmartPhones and Tablets. Here is latest Data from KeyNote on how consumers are using these devices. We are showing you how Tablet scores over SmartPhones here,

Reading News - 79% SmartPhone - 75%
Videos - 76% SmartPhone - 59%
Social Networking - Both are Tied Up
Research Products / Services - 69% SmartPhone-60%
Check Sports, Scores, leagues - 48% SmartPhone-45%
Travel Booking - 41% SmartPhone-29%

Sure, Tablet has gained wide acceptance from consumers and has a long way to go as more Indians get Online with these devices.