Festival season leaves IT market dry

Released on = October 12, 2006, 10:46 pm

Press Release Author = Mr. Anuj Singhal

Industry = Computers

Press Release Summary = With festive season round the corner all the markets are
experiencing a steep boost in the sales . However, IT market remains out of the
league, as the industry tends to remain natural in the period.


Press Release Body = With festive season round the corner all the markets are
experiencing a steep boost in the sales . However, IT market remains out of the
league, as the industry tends to remain natural in the period.

According to the channel partners one of the main reasons for the paradox can be
that in these days consumers give more priority to consumer durables keeping the IT
products and peripherals on the secondary list.

Speaking to itVARnews, CMD, Park Electronik (Delhi), Ajay Kumar said, \"Instead of
going up during the festive season or near Diwali time the sales tend to drop down,
as the consumers generally get busy in the festivals and they have their own
priorities fixed for the season, which is other than buying computers or any other
IT product\".

Apart from that the other reason can be that most of the dealers and distributors
themselves are on holidays, hence, less business takes place.
Director, Balaji Solutions Pvt. Ltd. (Kolkata),Rajendra Seksaria said, \"Since last
month the sales have been declining because of the Durga Pooja and now with Diwali
approaching, the sales are expected to show the same trend\".

However, this drop in the sales is almost marginal that hardly affects the growth
rate. \"Sales do come down but since it\'s only for a few days, the declining rate is
minimal and we can say that the situation remains unaffected\", commented Director,
Corporate Infosystems India Pvt. Ltd. (Mumbai), Deepak Sarin.

Although majority of the channel partners say that the business remains impervious,
a few of them share a different opinion. Director, Softek Surya (India) Pvt. Ltd.
Dinesh Chopra commented, \"With changing times, now PCs and laptops are no more
luxury items but have become necessary items. People want to buy them and in
particular, the end users are the main forces that boost up the sales during the
festivals\".


Although, some people expect a jump in the sales graph but the majority of channel
partners agree that the sales in context to IT Industry remains unaffected. And if
at all any changes are there, whether up or down, it's almost negligible.
for more News http://www.itvarnews.net

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