Indias PC market grows 8.1 pc to 3.3 mn units in Mar qtr, HP leads
HP continues to lead the space with a 29.1 per cent market share, while Lenovo recorded the highest growth at 34.8 per cent year-on-year among its rivals, clocking an 18.9 per cent market share in the first quarter of 2025, according to International Data Corporation Worldwide Quarterly Personal Computing Device Tracker report.
Supplies of Dell PCs declined by 3.4 per cent on a year-on-year basis during the reported quarter. The company occupied third spot in the PC segment with 15.6 per cent.
While shipment of Acer grew by 7.6 per cent year-on-year, its market share remains unchanged at 15.4 per cent.
Asus PC supply in the Indian market grew by 8.6 per cent on a year-on-year basis, and the market share improved marginally to 6 per cent during the reported quarter, according to IDC estimates.
The IDC report said the consumer segment grew by 8.9 per cent year-on-year in the January-March 2025 period, driven by Republic Day sales and heavy shipment push in March across channels.
"PC vendors are ensuring greater accessibility for customers across India by strengthening their offline presence with new brand stores, increasing LFR presence, and offering attractive discounts and cashback deals online. While strong shipments indicate positive market momentum, the resulting increase in channel inventory poses a challenge in the near future," Bharath Shenoy, research manager, IDC India & South Asia, said.
E-tail channel continued its upward trajectory, growing at 21.9 per cent year-on-year in the reported quarter. The commercial segment grew 7.5 per cent with increased demand for commercial notebooks, primarily from enterprises.
"While enterprise orders continue to grow and drive commercial segment purchases, the Indian IT/ITES sector has remained relatively subdued so far, reflecting a cautious approach and a focus on optimising existing IT investments.
"Meanwhile, continued demand for gaming notebooks has triggered growth in the consumer segment," Navkendar Singh, associate vice president Devices Research, IDC India, South Asia and ANZ, said.
He said that organisations have started adopting AI PCs to enhance productivity, security, and automation, with AI-powered capabilities becoming integral to business operations, and the same is expected to grow further in the coming quarters.
The commercial desktop category, however, declined 2.5 per cent due to a 27.4 per cent year-on-year fall in the government segment.
This article was generated from an automated news agency feed without modifications to text.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
30 minutes ago
- India.com
China's Envoy Hits Out At Trump's Tariffs On India, Says ‘Give The Bully An Inch…'
New Delhi: Chinese Ambassador to India Xu Feihong has criticised U.S. President Donald Trump's escalating tariff policies, including the recent imposition of 50% duties on Indian exports. His reaction came through a post on X, where he referenced an old proverb in pointed context. 'Give the bully an inch, he will take a mile,' Xu wrote, attaching a quote from recent discussions between China's Foreign Minister Wang Yi and Celso Amorim, chief advisor to Brazil's President Lula da Silva. The quote read, 'Using tariffs as a weapon to suppress other countries violates the UN Charter, undermines WTO rules and is both unpopular and unsustainable.' Give the bully an inch, he will take a mile. — Xu Feihong (@China_Amb_India) August 7, 2025 India had initially been in line to finalise a trade agreement with Trump's administration. Negotiators from both sides held five rounds of discussions. However, the process stalled due to disagreements. India was unwilling to open up its large farm and dairy markets. Talks also broke down over New Delhi's decision to continue importing oil from Russia. The Chinese ambassador's criticism comes at a moment when the U.S. president is considering further economic penalties. Trump warned that countries buying Russian oil may face additional tariffs. He made this remark during a recent press conference at the White House. 'It may happen, I don't know, I can't tell you yet. We did it with India and we are doing it probably with a couple of others. One of them could be China,' Trump said in response to a question about new trade restrictions. At present, India, China and Turkey remain the top three buyers of Russian crude. Trump has said new 'secondary tariffs' may be applied if the war in Ukraine does not end by Friday. Earlier this year, tensions rose between Washington and Beijing over trade measures. The United States had increased tariffs on several Chinese goods, reaching as high as 145 per cent. In response, China raised its tariffs but stopped at 125 per cent. Officials in Beijing explained that any further increase would lack economic sense. 'Even if the U.S. further raises tariffs to even higher levels, it would be economically meaningless and would ultimately become a laughingstock in the history of global economics,' a Chinese trade spokesperson had said at the time. Despite the current standoff, Trump has announced intentions to meet Chinese President Xi Jinping later this year. According to the White House, the meeting aims to build the foundation for a new trade agreement between the world's two largest economies.
NDTV
an hour ago
- NDTV
No Logic Behind Trump's 50% Tariff; Talks Continue With US: Official
Mumbai: There is no logic or reason behind the Trump administration's "unilateral" move to impose 50 per cent tariffs on Indian exports to the US, a senior Indian diplomat said on Thursday. Negotiations between the US and India continue even after the move, Secretary, Economic Relations, Ministry of External Affairs, Dammu Ravi told reporters hours after Washington doubled the tariffs on Indian goods. "This is a unilateral decision. I don't think there is any logic or reason in the way it is done," Ravi told reporters on the sidelines of the LIDE Brazil India Forum here. "Perhaps, this is a phase we have to overcome. The negotiations are still going on. So, we are confident that solutions will be found in the course of time in looking at mutually beneficial partnerships," he said while speaking on the sidelines of an event here. US President Donald Trump on Wednesday slapped additional tariffs, apparently peeved at New Delhi's import of Russian oil. The move is likely to hit various sectors, like textiles, marine and leather exports. In its first reaction to the move, India called it "unfair, unjustified and unreasonable". Ravi said the Ministry of Commerce is leading the negotiation from the Indian side, and some solutions were in sight when Trump moved in with the executive order, hiking the tariffs. "We were very close to finding a solution, and I think that momentum has taken a temporary pause, but it will continue," he said. It can be noted that, as per plans announced earlier, a team of US officials is slated to visit India later this month for talks on a trade agreement. Ravi said India and the US have been strategic partners, having a complementary relationship for some time, and underlined that businesses and leaders on both sides are looking at trade opportunities. The high tariff will not have any detrimental impact on the Indian industry, Ravi said, stressing that it will not "pull back" or derail India Inc. The Indian official said whenever any country faces tariff "walls", it looks for new markets where it can trade with, and the Middle East, Latin America, Africa and South Asia are among the regions India will target. "If the US becomes difficult to export to, you will automatically look at other opportunities," he said. Underlining that all countries are impacted by the tariff decisions being taken by US President Donald Trump, Ravi exuded confidence that solutions will evolve for the challenges. "This is, in my view, a temporary aberration, a temporary problem that the country will face. In the course of time, we are confident that the world will find solutions to it. Like-minded countries will look for cooperation and economic engagement that will be mutually beneficial for all sides," he said. With 'BRICS currency' also being Trump's subject of ire, Ravi denied any move to avoid the US dollar, but added that they are seeking alternatives for bilateral trade. After Covid, there is a shortage of 'hard currency', which is resulting in moves to trade in own currency, he said, adding that work on this aspect is on bilaterally and at the BRICS levels. The political leadership of Brazil and India is conscious of the need to increase trade, Ravi said, hoping that both countries can work in a "complementary manner". The recently concluded BRICS Summit in Brazil, attended by Prime Minister Narendra Modi, was extremely successful, he noted. India and Brazil have a lot in common, including being credible democracies. And there are bilateral opportunities in many sectors like fossil fuels, where the South American country has the reserves and the Asian country has to manage rising demand, Ravi pointed out. Other areas where collaborations are possible include renewable energy, biofuel advances, solar, hydro and green energy. Ravi said the idea of direct cash benefit transfer, which has helped save thousands of crore in India by plugging leakages, was borrowed from Brazil. Similarly, biofuel, where India has announced a compulsory blending of some fuels, is also owed to Brazil.
Business Standard
an hour ago
- Business Standard
SMFG India Credit Assigned International Rating of A/Stable by CareEdge Global; Rating Stands Two Notches Above India's Sovereign Rating
NewsVoir Mumbai (Maharashtra) [India], August 7: SMFG India Credit (SMICC), a leading non-banking financial company and a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been assigned a Long-Term Foreign Currency Issuer Rating of 'CareEdge A/Stable' by CareEdge Global. This rating stands two notches above India's sovereign rating, underscoring SMICC's strong creditworthiness and the high level of confidence reposed in the company's financial and operational framework. The rating is driven by strong credit profile of the parent company SMFG and its 100% ownership in SMICC. While SMICC's operations are exclusively focused on the Indian market, the international rating by CareEdge Global reflects the company's growing scale, diversified product portfolio across geographies, and robust risk management practices. The rating also takes into account SMICC's adequate capitalization, supported by timely and regular capital infusions from its parent, SMFG, as well as its diversified funding base, experienced leadership team, and healthy liquidity position. Commenting on the development, Mr. Pankaj Malik, Chief Financial Officer, SMFG India Credit, said, "We are pleased to receive the 'CareEdge A/Stable' rating from CareEdge Global, which validates our strong fundamentals and reinforces the trust placed in us by our stakeholders. This recognition reflects our consistent efforts to build a scalable, inclusive, and a resilient financial services platform aligned with SMFG's global vision. We remain committed to responsible growth, prudent risk management, and delivering long-term value." This international rating further strengthens SMICC's position in India's fast-evolving retail credit landscape and marks a significant milestone in its journey as a key pillar of SMFG's Asia Multi-Franchise Strategy. SMFG India Credit Co. Ltd., a leading NBFC - Investment and Credit Company (NBFC-ICC) registered with the Reserve Bank of India and a wholly owned subsidiary of SMFG, has been operating in India since 2007. Together with its subsidiary, SMFG India Home Finance Co. Ltd. also known as SMFG Grihashakti, the company has established a pan-India presence, across 670+ towns and 70,000+ villages through 1000 branches and 25,000+ employees offering lending products to underserved & unserved retail and small business borrowers. By doing so, it has introduced people to formal credit. SMFG India Credit along with SMFG Grihashakti offers a comprehensive range of lending solutions, including SME financing, commercial vehicle and two-wheeler loans, home loans, home improvement loans, loans against property and shares, personal loans, and rural livelihood advancement loans etc. SMFG is one of the largest global banking and financial service groups, offering a diverse range of financial services including commercial banking, leasing, securities and consumer finance and is headquartered in Japan. SMFG is listed on the Tokyo and New York (via ADR) Stock Exchanges and has a market capitalization of approximately US$93.5 billion (as of 31th December 2024). SMFG is one of the global systemically important banks (G-SIBs) and has high credit ratings of A1 by Moody's Investors Service and A- by Standard & Poor's.
