"We are seeing some slackening in sales that are financed through bank loans. Banks have slowed down credit in such areas."Even so, he was confident the company will be able to maintain its lead in the domestic market.Some surveys show HCL Infosystems as the top PC vendor in India, while others put Hewlett-Packard at the top.
He said the company will come up with more innovative, low-priced products this year to boost retail sales.The company had enough capacity to meet the demand, Chowdhry said."We have no capital expenditure plan for this year."
Shares of the company today closed at Rs 155.10 on the NSE.
