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PC sales may grow at 30% to touch 30 lakh units in FY04: Mait
New Delhi, Dec 04: Revising its earlier projection of 27 lakh units, hardware association Mait today said personal computer sales during the current fiscal would cross 30 lakh units on the back of strong demand from telecom and financial services sector.
New Delhi, Dec 04: Revising its earlier projection of
27 lakh units, hardware association Mait today said personal
computer sales during the current fiscal would cross 30 lakh
units on the back of strong demand from telecom and financial
services sector.
"We will comfortably cross 30 lakh PCs during the current
fiscal as we see a strong demand from telecom, banking and
financial services sector," Vinnie Mehta, Executive Director,
Manufacturers Association of Information Technology (Mait),
said on the sidelines of a seminar.
Earlier, Mait had set a target of 27 lakh units of PCs in 2003-04. PC sales crossed 6.4 lakh units in the first quarter of the current fiscal and Mait had also upped the forecast for the first half.
Citing buoyant business sentiment in the market as the reason behind the upward revision of its first-half sales projections to over 14.2 lakh units from 12.1 lakh units estimated earlier, Mehta said the industry would grow at a rate of 30 per cent during the year.
According to another PC tracking firm IDC, PC market grew 24 per cent in the second quarter (July-Sept) touching seven lakh units.
Mehta said PC sales would surge as the economy was on a roll besides the general buoyancy in the telecom and financial services segment.
"The growth would be all-round", he said.
Bureau Report
Earlier, Mait had set a target of 27 lakh units of PCs in 2003-04. PC sales crossed 6.4 lakh units in the first quarter of the current fiscal and Mait had also upped the forecast for the first half.
Citing buoyant business sentiment in the market as the reason behind the upward revision of its first-half sales projections to over 14.2 lakh units from 12.1 lakh units estimated earlier, Mehta said the industry would grow at a rate of 30 per cent during the year.
According to another PC tracking firm IDC, PC market grew 24 per cent in the second quarter (July-Sept) touching seven lakh units.
Mehta said PC sales would surge as the economy was on a roll besides the general buoyancy in the telecom and financial services segment.
"The growth would be all-round", he said.
Bureau Report