PC Shipments rise by 30% in India in Q2'13, says IDC Report
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
According to Kiran Kumar, Research Manager, "State-led manifesto-driven spending on notebooks steered commercial investments in the Indian PC market in Q2 2013. Special projects currently being executed in states like UP, Rajasthan and Tamil Nadu accounted for roughly one-third of the total PC market size in Q2. However, the organic demand for PCs in India outside special projects has weakened, which remains a cause of concern for PC vendors.Further, rupee slide derailed enterprise spending, as the investment decisions remained seemingly delayed across most of the verticals."
On the other hand, the consumer market in Q2 witnessed a marginal growth over Q1 2013.According to Manish Yadav, Market Analyst, "Q2 had a sluggish start in April owing to inventory concerns coupled with a shift in share of wallet towards commodities like gold and other consumer devices which were riding high on trade-back schemes and other time-to-time discount offers. Further, the announcement of new tax policy, i.e. Local Body Tax in Mumbai and suburban areas halted the shipment growth in May. But June largely reversed this stillness aided by back-to-school campaigns and loading of stocks across partners in preparation to the impending price hike on account of rupee volatility.....See More
IDC has reportedly revealed the PC shipment report for Q2 2013. The report says that the overall India PC shipments for Q2 2013 stood at 3.53 million units, i.e. a substantial year-on-year growth of 24.0% over Q2 2012 and a quarter-on-quarter surge of about 30.2% over Q1 2013.
According to Kiran Kumar, Research Manager, "State-led manifesto-driven spending on notebooks steered commercial investments in the Indian PC market in Q2 2013. Special projects currently being executed in states like UP, Rajasthan and Tamil Nadu accounted for roughly one-third of the total PC market size in Q2. However, the organic demand for PCs in India outside special projects has weakened, which remains a cause of concern for PC vendors.Further, rupee slide derailed enterprise spending, as the investment decisions remained seemingly delayed across most of the verticals."
On the other hand, the consumer market in Q2 witnessed a marginal growth over Q1 2013.According to Manish Yadav, Market Analyst, "Q2 had a sluggish start in April owing to inventory concerns coupled with a shift in share of wallet towards commodities like gold and other consumer devices which were riding high on trade-back schemes and other time-to-time discount offers. Further, the announcement of new tax policy, i.e. Local Body Tax in Mumbai and suburban areas halted the shipment growth in May. But June largely reversed this stillness aided by back-to-school campaigns and loading of stocks across partners in preparation to the impending price hike on account of rupee volatility.....See More
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