Acer targets 50% revenue growth to 1,200 cr in FY 09

PC vendor Acer expects a 50 per cent growth in its revenue from the Indian market in the current fiscal, a top company official said.     

"Our revenue in the last fiscal stood at Rs 1,200-crore. This year, we expect it to grow by 50 per cent to Rs 1,800-crore,' Acer India's Managing Director W S Mukund, said on the sidelines of the launch of Aspire One notebook, the company's first Internet device in the Indian market.     

The company was pinning its hope on the newly-launched product, Mukund said, adding that, "Acer is aiming to sell 75,000 units of these notebooks over the next 12-months."     
In the first month of the launch itself, the company is targeting a sale of 5,000 units, he said.     

Aspire One, which is equipped with specially-designed Intel Atom processor, is an all-new, sleek and highly-portable communication device.     

The notebook market globally stands at around 16 per cent, whereas in India it is around 15 per cent, Mukund said.     

Acer has tied-up exclusively with its retail partner Croma for the first phase launch in seven cities across the country.     

"In the second phase, we have plans to sell the product through our 250-odd retail partners pan-India in addition to 3,000 channel partners," Mukund said.