Lenovo is expected to quickly get more than 10% share of the India PC Market

[San Francisco] June 24th Beijing time, according to foreign media reports, Lenovo India general manager Amar Babu said on Wednesday the Reuters, Lenovo is expected to soon be India PC market two digit market share, because the world's fourth largest PC brand manufacturers hope to promote its growth in emerging markets. Driven by the recovery of consumer and business demand, Lenovo's current fiscal year in India PC market share will grow by more than 2.5%.
According to market research firm IDC said that in the first quarter of March this year, Lenovo's share of the PC market in India rose to 7.2%, ranking in the top fifth. Lenovo's share of the PC market in India last year was 4.7%. India market in the top four PC manufacturers are followed by HP, DELL, Acer and HCL Infosystems.
Babu said Lenovo's first goal in the India market is to achieve two digit market share. He is reluctant to discuss the details of the problem. He expects the India PC market in the next few years will grow 30% to 40%. He said that in the PC industry after the worst recession in a year, customers are coming back.
According to IDC, a market research firm, consumer confidence and the recovery in IT spending prompted the India PC market to grow by 33% in the first quarter.
Babu said, however, the current number has not yet recovered to the level before the recession. I think there are a lot of opportunities here.