Dell targets $1 bn revenue from India by 2009

Dell targets $1 bn revenue from India by 2009
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First Published: Thu, Aug 14 2008. 02 39 AM IST

Big players: The TCS office building in Noida. TCS, Infosys and Wipro are the top-ranked Indian technology vendors by revenue. Photograph: Harikrishna Katragadda / Mint
Big players: The TCS office building in Noida. TCS, Infosys and Wipro are the top-ranked Indian technology vendors by revenue. Photograph: Harikrishna Katragadda / Mint
Updated: Thu, Aug 14 2008. 02 39 AM IST
New Delhi: US computer maker Dell Inc. expects demand for its products to remain strong in the second half of the year, helped in part by
growing markets such as India and China, despite a global economic slowdown. Michael Dell, chief executive officer of the Round Rock,Texas-based company, said he doesn’t expect information technology (IT) spending to slow.
“In an economy under pressure, people will look for ways to increase productivity and efficiency” by harnessing IT, Dell said after launching a new line of business laptops.
Big players: The TCS office building in Noida. TCS, Infosys and Wipro are the top-ranked Indian technology vendors by revenue. Photograph: Harikrishna Katragadda / Mint
A study by market research firm IDC showed worldwide PC shipments at 70.6 million units, up by 15.3% year-on-year, in the April-June quarter. The US market grew at a wary 3.5% year-on-year. Dell shipped 11.5 million units in the quarter, a growth of 21.4% year-on-year.
PC shipments in India were at 8.2 million in 2007-08, with notebooks contributing 2.03 million, making for a growth rate of 82.9%. Out of this, nearly 1.34 million, or 66%, were “commercial” products, defined as notebooks shipped to business, government or education markets.
“We are aiming to reach revenue targets of $1 billion by 2009 (in India),” said Paul-Henri Ferrand, president of Dell’s Asia-Pacific operations. Dell India, with an estimated current market share of 7.6% according to IDC figures, grew at nearly 50% in 2007, with revenues of $700 million.
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First Published: Thu, Aug 14 2008. 02 39 AM IST