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Thursday July 3 3:02 PM EDT
India IT industry revenues $3.75 bln in 1996/97
By Sanjit Singh
NEW DELHI, July 3 (Reuter) - India's information technology industry, including hardware and software, grew
38 per cent to a revenue of 134.34 billion rupees ($3.75 billion) in 1996/97 (April-March), a leading industry
magazine said on Thursday.
Wipro Infotech, an affiliate of Wipro Ltd (WIPR.BO), emerged as the biggest company, India's Dataquest
magazine said in an annual survey of the nation's computer industry.
``The industry has been powered by an 81 percent jump in exports...Export of hardware increased from 3.8
billion rupees to 13 billion,'' L. Subramanyan, group editor of Dataquest, told reporters.
India is generally seen as an emerging software exporter, but hardware has not been seen as a focus area.
Subramanyan said that the trend was expected to continue, with growth in hardware exports outstripping that in
other computer sectors, and could touch 20 billion rupees in 1997/98.
Software exports grew 50 percent in 96/97 to touch $1.0 billion, Subramanyan said.
According to the survey, domestic growth was significantly slower than exports and pulled down overall industry
growth, Subramanyan said. Domestic growth was only 22 percent in 1996/97, he added.
According to Dataquest's survey, 467,387 personal computers and 66,520 servers were sold in 1996/97, as
compared to 383,306 personal computers and 28,851 servers in 1995/96.
The survey said that the share of off-brand or assembled personal computers fell to 15 percent of the total market
compared to 22 percent in the previous year.
Dataquest also listed India's top 20 computer companies, ranked on annual sales.
Diversified computer hardware and software company Wipro Infotech topped the charts for the second year in
succession, with sales of 8.7 billion rupees in 1996/97.
Software exporter Tata Consultancy Services came in second at 7.21 billion rupees.
Hardware exporter JTS Technology, a part of the Tandon group, ranked third with sales of 6.23 billion rupees,
and was followed by cut-price computer vendor Pertech Computers Ltd (PRCL.BO) with sales of 5.89 billion
rupees.
Dataquest has also surveyed which multinational computer brands sold the most in India.
Compaq Computer Corp (CPQ) topped the list with sales of 33,452 units, valued at 3.59 billion rupees. Acer Inc
(2306.TW) was second with sales of 33,036 units worth 2.65 billion rupees.
IBM Corp(IBM - news) was third with sales of 24,371 units valued at 2.12 billion rupees.
More news for referenced ticker symbols: CPQ, IBM, and related categories and industries:
Computer-Hardware, food/beverages, household, international. |
