India PC market growth hit by slowdown, says IDC

New Delhi, September 3 2001 – IDC (India)'s PC Tracking Program

indicated that unlike the impressive 56% growth seen in the PC market in 2000-01, the

current year is likely to witness slow growth. In the April-May-June (AMJ) quarter the

market grew by just 11% over AMJ 2000. The AMJ quarter usually sees a pick-up in home

buying. However in 2001 even this factor failed to stimulate the market. Consumer Desktops

shipments in AMJ 2001 grew by just 12 percent over JFM 2001 compared to 35% in the

corresponding quarters in 2000.

IDC expects the macro-economic situation to stay difficult throughout

2001-02. Consumer spending too would remain depressed. This slowdown will cut across all

segments with only Government, Finance and Education segments continuing to buy at a

relatively healthy rate. The local assemblers could gain somewhat from a tendency of

buyers to seek