Wednesday, 21 June 2017

GST will spur demand for PCs in India, says HP

NEW DELHI: Most electronics HP India said on Wednesday it expects demand for computers in India to increase after the launch of the new GST tax regime starting next month, boosted by small and medium-sized enterprises.

"We are going through the transition and ensuring that we and our channel partners are ready for the new GST regime. There are some challenges, but we are making sure things are in place before July 1," said HP India Senior Director (Personal Systems) Ketan Patel told PTI.

He added that with the tax slab set at 18 percent under GST, the pricing of laptops will not be affected for buyers since the rates in force are almost the same.

"However, we expect GST to help technology companies as small and medium-sized businesses will adopt more PCs and that's a great opportunity for players like us," he said.

According to research firm IDC, the PC market in India grew 8.5 percent to 2.16 million units in the January-March 2017 quarter from the same period a year earlier. Of this, the consumer PC segment accounted for 1.05 million units.

HP India led the global market with a 29.5 percent share, followed by Dell (22.5 percent), Lenovo (17.7 percent) and Acer (14.5 percent).

HP India today unveiled three new convertible notebook models under the Pavillion x360 and Specter x360 range available for Rs 40,290 and up, aimed at students and professional designers.

The devices have the ink capacity of Windows that allows users to write and edit their work on the PC screen with a digital pen.

"The new range of Pavilion and Specter devices is best suited to dye ecosystems, which meet the functional and creative needs of students and young professionals," Patel said.

Laptops are powered by Intel's latest-generation processors, touch screen, up to 4GB of graphics card dedicated to Nvidia and hybrid storage.

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