In fiscal year 2005-06 (ended on March 31, 2006), more than 4.6 million personal computers were sold. This information was published by IDC (India) and it is a 30% increase than the previous fiscal year. You can read the press release of IDC (India) for detailed information by visiting this link. Just one thing to note here- PC means Notebook PC and Desktop PC.
The market share of top 3 players:
HP- 18%
HCL: 14%
Lenovo: 9%
HCL lead the Desktop PC market while HP was the leader in Notebook PC.
I am more than delighted with this news because it shows that computer is spreading in many parts of India. There was a growth of 177% in the shipment of Notebook PC and this is an indication of the growing maturity of Indian PC market. It also reflects the growth of Indian economy. Now PC companies are hiring top Bollywood actors to promote their products and it is encouraging a lot of ordinary people to buy a PC. India has a population of over 1 billion and 4.6 million is like a drop in an ocean and there is huge opportunity for market growth. I think that now a price war will start in the Indian PC market and if it happens then the consumers will be benefited immensely.
What do you think?
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I think it's going much to fast. A lot of business models will be based on market growth not on the market size.
Like this it's going to become the same mess as in Europe and the vs. As soon as growth stops there will be nothing left to invest in.
What I mean is that things become old and need to be replaced. If you build everything new in one day some day will come when it's all broken.
Then of course people become lazy and ignorant from wealth, I see it around me every day. lol
But, I hope things keep going like they are for ya. :)
Posted by: gaby de wilde | May 22, 2006 9:34 AM | Permalink to Comment