1% Degrowth Witnessed by PC Industry

In comparison to a 20% growth in calendar year (CY) 2007 the Indian hardware PC industry degrew by nearly 1% in the last CY 2008. The industry is expected to bounce back only by the third quarter of this year, driven by various government initiatives, besides the Rs 44,000 crore national e-governance projects and opening up of certain frozen corporate accounts, said IDC a research firm.

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[This article was published in the October 2007 issue of the eGov Magazine (http://www.egovonline.net) ]

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