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MAIT Projections show a Steady Growth in IT
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Posted on - Thursday, July 29, 2010   By VARIndia Correspondent
  MAIT Projections show a Steady Growth in IT 

MAIT has announced the findings of its Industry Performance Review for the financial year 2009-10. The total PC sales between April 2009 and March 2010, with desktop computers, notebooks and netbooks taken together, were 8.03 million units, registering a growth of 18 per cent over the last fiscal. The sales of desktops stood at 5.52 million units, registering a growth of five per cent. Notebooks and Netbooks taken together recorded a consumption of 2.5 million units, growing sixty-five per cent over the last year.

Ravi Aggarwal, President, MAIT, said, "The impact of the global economic recession is now well behind us and the IT hardware industry in India is once again on a revival path.   The year 2009-10 has, indeed, witnessed an excellent comeback by the Indian IT hardware market.  Easing of the economic slowdown and improved sentiments among both the consumer and business segment are the reasons behind the impressive growth of the PC market, especially during the second half of the year 2009-10."

Given the current macro-economic conditions and conservative buying sentiment in the market, PC sales are expected to cross 9.35 million units in FY 2010-11, growing about sixteen per cent.

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