The country’s IT market grew at 26 per cent in 2004 to touch Rs 95,277 crore, of which around 40 per cent was the local market for PCs, servers, and systems integration and other services, revealed consultancy firm Skoch Consultancy Services. While the market for software exports grew 32 per cent during the year, and that for the BPO sector 49 per cent, the domestic PC market grew by 28 per cent in value terms (44 per cent in volume terms) and domestic services by 26 per cent, Skoch CEO Sameer Kochhar said. ‘‘Much of this rise in PCs was due to the lowering of prices following the cut in excise and customs duties. It has also resulted in the organised sector capturing more market share from the grey market — during the year, an additional 5.6 lakh PCs moved to the organised sector,’’ he said. ‘‘The share of the grey market declined from around 55-56 per cent four-five years ago to 38 per cent in 2004,’’Kochhar said, adding, the boom in the PC market also saw the emergence of new brands like Millennium, LG, Vesta, among others, which captured as much as 6 per cent of the market.
