RealNews

Software giant India poised to become hardware hub: IT minister

Software giant India is poised to become a large-scale computer hardware manufacturer on the back of explosive sales growth, India’s information technology minister said. “We will see the large-scale manufacture of hardware in India in the next two to three years,” Arun Shourie told a telecommunications conference. Sales in India’s personal computers market rocketed 37 percent to 2.3 million units in the financial year ending March 2003, matching the estimated growth of between 30 and 40 percent of the domestic software industry. Some three million personal computers are likely to be sold in the current year, according to the Manufacturers’ Association of Information Technology, the hardware industry body. Full Story

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