IT peripherals look for positive growth in 2009-10
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IT peripherals look for positive growth in 2009-10

By SiliconIndia   |   Thursday, 30 July 2009, 10:53 Hrs   |    1 Comments
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Bangalore: Manufacturer's Association for Information Technology (MAIT), a body representing India's IT hardware, training and R&D services sectors, has announced the findings of its Performance Review for the IT peripherals Industry for the fiscal 2008-09. According to the study, printer sales of establishment segment witnessed a growth of seventeen percent. Consumption of dot-matrix and laser-jet printer grew five percent and seven percent respectively in fiscal 2008-09 over 2007-08. But Sales of ink-jet printer declined by four per cent during the same period. In the case of networking products, consumption of Network Interface Cards (NICs) grew by three percent.

Consumption of UPS declined six percent over 2007-08 registering 1.51 million (15.1 lakh) units in sales. The households segment, which experienced a decline of twenty-five percent, pulled down the overall UPS sales to negative. Desktop sales in the households had declined eighteen percent in fiscal 2008-09 and consumption of UPS is highly correlated to desktop sales. Consumption of modems and hubs declined forty-four percent and thirty-five percent respectively.

Sales of printers in the top four and the next four cities registered a decline of nine percent and thirty-one percent respectively in 2008-09. "Consumer sentiment was subdued due to uncertainty in the economy in 2008-09 which impacted the consumption of IT in the country. While consumption in the first-half of the fiscal was satisfactory, less than expected offtake in sales in the second-half pulled down the overall growth into the negative quadrant," said Vinnie Mehta, Executive Director, MAIT.

PC and peripherals consumption in 2008-09 was adversely impacted, especially in the second-half of the fiscal year, by the slowdown in the Indian economy. With business sentiment gradually gaining momentum, overall printer consumption in fiscal 2009-10 is expected to cross 1.74 million (17.4 lakh) units, registering an eight percent growth. Sales of UPS are expected to remain flat.

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Reader's comments(1)
1: Let's see the result of the trying of IT peripherals.
Posted by:Ankita - 30 Jul, 2009