Business Standard

Pc Sales To Grow 20% In 2002-03

Image

Bipin Chandran BUSINESS STANDARD

The sales of personal computers would grow at over 20 per cent during 2002-03 as against 15 per cent projected earlier, according to the latest estimates of the Manufacturer's Association of Information Technology (Mait).

As a result, for the first time, annual PC sales are expected to breach the two million mark during the current financial year.

Earlier projections had put the year-end figure at 1.9 million. The sales of personal computers had dropped 11 per cent to 1.65 million units during 2001-02, compared to the previous year.

"We have seen a lot of improvement in the performance of the domestic hardware sector. One of the major contributors is Reliance Infocomm," says Vinnie Mehta, executive director, Mait, adding

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 02 2003 | 12:00 AM IST

Explore News