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Home > Business > PTI > Report


Indian IT market @ $21.9 billion

February 15, 2005 15:21 IST

The Indian IT market grew 26 per cent year-on-year in 2004 to touch Rs 95,277 crore (Rs 952.77 billion), according to a study by consultancy firm Skoch.

Of the total Indian IT market, IT services and IT-enabled services exports grew 32 per cent to touch Rs 59,948 crore (Rs 599.48 billion), the study said.

While exports of ITeS were up 49 per cent to Rs 22,181 crore (Rs 221.81 billion), IT services exports showed a growth of 24 per cent to Rs 37,767 crore (Rs 377.67 billion).

The total IT and ITeS exports were worth $13.7 billion. The domestic IT market also showed a robust growth in the year gone by.

The personal computer market expanded 28 per cent in value terms and 44 per cent in unit terms. The sales of PCs grew to be worth Rs 11,653 crore (Rs 116.53 billion) in 2004.

While 32,67,885 desktops were sold in 2004, the notebook market grew 64 per cent to 1,43,268 units. The share of grey market fell from around 55-56 per cent over the last 4-5 years to just 38 per cent in 2004.

Till 2001, the six metros accounted for more than half of the PC market, but in 2004 the non-metros accounted for 53 per cent of all India sales, Skoch CEO Sameer Kochar said. Apart from PCs, market for other components of hardware stood at Rs 1,0494 crore (Rs 104.94 billion).

The domestic software market grew 15 per cent to Rs 2,593 crore (Rs 25.93 billion) with enterprise applications contributing Rs 275 crore (Rs 2.75 billion) and other packages Rs 2318 crore (Rs 23.18 billion).

The domestic IT services market on the other hand was up 26 per cent to Rs 10,590 crore (Rs 105.90 billion). The e-governance market spending in 2004 rose 23 per cent to Rs 2,200 crore (Rs 22 billion).


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