However, a closer look shows a different picture.
In calendar year 2010, 9.9 million PCs were shipped. That's an impressive growth of 30 per cent over 2009, which reported total shipments of 7.62 million.
But CY 2011 saw the total shipment go up by just 7.3 per cent over the previous year to 10.62 million.
According to CyberMedia Research, the Indian PC market's growth in CY2012 will be just eight per cent.
The PC penetration in India is just about six-seven per cent.
"The PC market was largely driven by demand in consumer segment, specifically around portable PCs that remained buoyant.
"And fulfilment for the largest deal, Electronics Corporation of Tamil Nadu, was underway in Q2 2012 (April-June) and this resulted in the overall growth for the PC market during that period.
"However, barring the fulfilment on ELCOT, we only noted a sequential shipment growth of 2.6 per cent, which reflects the marginal spike in the overall demand for PCs in India," says Kiran Kumar, senior market analyst at IDC.
Unenterprising cycle
The Indian PC market is mostly driven by the commercial segment, which constitutes enterprise, SME, government and education, makes up for about 60 per cent of PC sales in India.
Analyst say that the global uncertainty has stretched the hardware refresh cycles for the enterprise segment, which has the biggest buyers of PC such as IT & ITeS, BFSI, manufacturing and exports companies.
All these segments have their own set of challenges. Although the SME segment has grown, its hardware buying patterns have been patchy.
"The India PC market has always been swayed by global sentiments, especially enterprise segment.
"To give an instance, the Indian PC market in Q4 of CY2008 (October-December) saw a steep drop of 30 per cent, compared to Q3 (July-September) of 2008. However, the recovery has been sharp as the sentiments improved.
"While 2012 is certainly better than 2008, we definitely see an erosion in the sentiment which firmed up in 2010," says Sumanta Mukherjee, lead analyst, information technology practice, CyberMedia Research.
He adds that the damp mood in enterprise hardware procurement is unlikely to change any time before the second half of 2013.
A look at individual company numbers also show the impact of enterprise delays on the sale.
Considering that the enterprise segment is a larger chunk for several players.
Take, for instance, Lenovo, which has been the top PC seller in India for the past two quarters.
True, the company has grown year-on-year, but its growth has tapered down.
"If you look at our growth rates, in 2010-11 Lenovo would have grown at 70 per cent odd, but for 2011-12 it has been around 47-48 per cent.
"From a demand standpoint in the enterprise segment, we have seen an impact," says Amar Babu, managing director, Lenovo India.
For Lenovo, enterprise gives 55 per cent of its business. Babu agrees that the impressive growth that Lenovo has seen in the enterprise growth has come partially from eating into rivals' pie.
With the rupee-dollar fluctuation, the PC manufacturers are in no position to
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