After dull sales last month, the local IT market in Chennai is pinning all
hope on this festival season. Every year, Christmas season is a very
lucrative period for businesses across the world and all leading IT vendors
concentrate primarily on the Western market by diverting shipments to these
regions. Unlike previous years, this time, the stocks are available in
plenty in the local IT market and the resellers are praying for good sales
this festive season.
"Going by the present sales indications, the market seems to be looking up
and we expect a good festive season this time. Last year, it was not in the
expected lines. The leading vendors project a positive figure this year,"
says A Akthar Hussain, Director, Challenger Computer. "This year is supposed
to be a good year with overall increase in sales and turnover, inspite of
the falling prices and economic crisis. We expect a overall growth of five
to 10 percent this year which is expected to be a good growth in the given
conditions," he adds.
SSS Systems is running an anniversary scheme to commemorate the festival
season. The company is celebrating its ninth anniversary by floating a
scheme where every PC buyer would get a chance to win fabulous gifts ranging
from silver coins to gold coins to refrigerators and microwave ovens. "The
scheme is open from December 15, 2002 to April 14, 2003 and the prizes are
changed every month to attract buyers. We also have a slogan contest where
the winner will drive away a brand new Santro car," says I Sadiq Batcha,
Director, SSS Systems.
According to Sadiq Batcha, his new scheme has created a great interest among
the PC buyers and the sales has really picked up in the last few days.
"Moreover, the prices of P4-based PCs have come down drastically in the last
few months making latest technology products more affordable for the
consumers," he added.
"We do not see any significant improvement in sales, this year. It is
business as usual," says Naresh Kanted, Director, Sagar Infosys.
According to B Krishna Kumar, Proprietor, Sri Lakshmi System Products, there
is an improvement in sales for this festive season and all leading vendors
are presently running a scheme to attract both end-users and resellers.
"Sales have been dull even from Diwali and the market is not showing any
signs of improvement and recovery. When the end-users budget is limited to
meet their festival expenditure, how would they be able to invest in these
kind of products," questions Kumar, CEO, Universal Microsystems.
"Sales have been vacillating for the past few weeks and we hope to do some
brisk business during this festive season," opins S Samkumar, GM, Elite
Peripheral.