Personal computer (PC) sales in India will rise five to seven per cent this year and by 15-20 per cent in 2003, a local consultancy forecast, rebounding from a fall last year and outpacing global growth predictions, Hindustan Times reports. Sales next year could expand to nearly 2 million machines, a report by Skoch Consultancy Services, an IT and telecom industry consultancy based in Gurgaon, a suburb of Delhi said. Still, that is less than the number of PCs now sold in China in three months, posing a threat to India's ambition of dominating the burgeoning global market for IT-enabled services. Skoch's forecast puts India ahead of expected global growth rates, which leading research firm International Data Corp. (IDC) puts at 3.2 per cent this year. Skoch estimates PC sales in India fell 6.3 per cent by value and 7.0 per cent by volume in calendar 2001, due to the sharp slowdown of the economy and the IT industry's tarnished image as a career choice. Bio IT growth According to analysis from IDC's new
research and advisory service, Asia-Pacific Bio IT Infrastructure, the
Asia-Pacific (excluding Japan) Bio IT market will increase at a compound
annual growth rate of 56 per cent to reach $3.6 billion by 2006. The
Life Sciences race in Asia-Pacific has now kickstarted as many countries
in the region are investing heavily to position themselves as genuine
players in the global biosciences industry. Factors driving this growth
include rapid acceptance of new biology methods and informatics-based
drug design. IT provides the necessary tools to create, organize,
analyze, store, retrieve and share genomic, proteomic, chemical and
clinical data in the life sciences. IDC's research has demonstrated that
between 15 and 50 per cent of capital expenditure from the majority of
life sciences organisation will be spent on the required technology
stack to support the drug discovery processes. |