Economy to grow at 9.2% in 2010-11

By VARINDIA - 2011-01-19

Economy to grow at 9.2% in 2010-11

S. Mohini Ratna,
Editor-VARIndia

 

I wish all our readers and partners a very Happy New Year! What a start to the year, the technology phenomenon churns on. The social media behemoth Facebook received an investment of $500 million by Goldman Sachs, which valued the world's most popular social network at a whopping $50 billion.

I am sure India IT has had a successful decade and exciting times seem to be ahead for the coming decade as mobile phone will be the device of the masses if there is a rapid rollout of broadband connectivity to all villages in India.

On the domestic front, India's PC market sales for the first three quarters of the calendar year 2010 reached 7.4 million with a growth of 31 per cent. Of overall PC sales, desktops accounted for 4.68 million units, a 19-per cent increase. Sales of notebook PCs grew 60 per cent at 2.72 million units.

In the mobile handset category during the JAS 2010 quarter the sales crossed 40 million units with the emerging vendors capturing 41.2 per cent combined share. Smartphone sales grew by 34.2%.

Cloud services are hot and lucrative. SMEs are becoming increasingly aware of cloud computing, and channel pros are in great position to help their clients sort out the best cloud options for their businesses.

Upcoming 3G and Mobile Number Portability (MNP) bring a plethora of benefits to the customers in terms of high-speed connectivity. Customers will increase the usage of interactive applications and download of services like mobile video and other multimedia services. Mobile Number Portability will give subscribers the flexibility to change operators within days at a very nominal charge.




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