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PC Sales rise in India

Crunch Bucking the trend
Tue Feb 10 2009, 14:33

SALES OF COMPUTERS IN INDIA have risen by 12 per cent bucking the disastrously downward world trend.

According to the Indian Manufacturers Association for Information Technology (MAIT), sales of desktops rose 12 per cent to 2.91 million units, while notebooks sales stood at 770,000 units, a growth of 13 per cent.

Most of the sales came from sustained demand from large and medium enterprises and households in small towns. µ

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Prudence Pays

India is reaping the dividends of a strict control on banks and Credit Reserve Ratio. Unlike UK & USA taxpayers money is not being used to prop up toxic and radioactive banks to the detriment of rest of the industry and Joe Public. Directors of Satyam and its Auditors like PriceWaterCoopers are not protected , unlike in US & UK where executives of banks 'old boys club' members, can pay themselves any insane amount in bonuses, auditors and regulators can cook books and Madoff's human rights are more important than the fraud he commited.

posted by : Sam, 10 February 2009 Complain about this comment
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