PC sales may cross 3.8 mn in 2004-05

The Manufacturer's Association for Information Technology (MAIT) today expected domestic personal computer (PC) sales to cross 3.8 million units in the current financial year.

According to findings released by MAIT, the desktop PC sales grew 32 per cent to 3.03 million units (30.3 lakhs) in the 2003-04 fiscal. PC sales during the first half of 2003-04 stood at 1.26 million (12.6 lakhs) and shot up to 1.77 million (17.7 lakh) in the second half, MAIT said.

Commenting on the findings of the study, Vinnie Mehta, Executive Director, MAIT said, " The high rate of IT consumption in India is attracting the interest of global manufacturers to set up manufacturing facilities in the country. The government should create conditions for it by implementing fiscal and physical measures."

The apex industry body attributed the high growth in PC sales to the drop in PC prices as well as increased consumption by various industry verticals.

Industry verticals like telecom, banking, financial services and insurance (BFSI), manufacturing, retail and BPO-ITES services along with major E-Governance initiatives of the central and state Governments fueled the growth, MAIT said.