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News >> Technology >>
PC sales in India to grow 40% in 2005
By siliconindia
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Thursday, 06 May 2004, 19:30 IST
NEW DELHI: PC sales in the country are likely to grow 40 per cent during 2004-05 touching 4.2 million units, industry association MAIT said on Thursday.
"We are estimating a 40 per cent growth during the current fiscal, which will take the PC sales to 4.2 million units," executive director of MAIT Vinni Mehta told reporters in Delhi.
"But we have to watch how the year goes. These are rough estimates," he added.
The industry estimated that PC sales in the last fiscal crossed the projected figure of 3 million units. The final figures for 2003-04 are yet to be out.
During the current year, Mehta said the growth in PC sales is likely to be driven by technological innovations. He said prices were expected to drop on account of the IT agreement under the WTO which will come into effect in 2005.
MAIT is currently involved in negotiations with the Ministry and other agencies for bringing out an exclusive consumer finance scheme for home PC users to boost sales