SPACE WIRE
Indian computer sales surge in third quarter
NEW DELHI (AFP) Mar 25, 2004
Sales of personal computers in India jumped 87 percent in the third quarter of the fiscal year ending in March, putting the industry on track to achieve the year's target of three million computers sold.

The Manufacturers Association of Information Technology (MAIT) said that around 800,000 personal computers were sold in the period from October to December due to a rise in demand from various industry sectors.

"With increased sales throughout the year and also, traditionally, the last quarter accounting for maximum sales, the industry is expected to comfortably cross the three million mark in PC sales," the industry body said Thursday.

MAIT said that the most computers were bought by the telecom, banking, financial services and insurance industries, and added that there was a sharp increase in demand from individual buyers due to a price drop.

"However, consumption in the government was subdued, which is expected to gain momentum in the next quarter," it added.

India's IT hardware industry is aiming to replicate the success of its booming software industry and has seen a surge in sales in the past year as tax breaks have helped in lowering the price of computers.

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