India PC market to double in 5 years if economy target met: HP’s Dasgupta
Live MintNew Delhi: India’s personal computers market of desktops and laptops, which experienced a lull last year due to a post-pandemic sales decline, could double in the next five years if the country's economic targets are met, said Ipsita Dasgupta, senior vice-president and managing director of HP India. The last two quarters of this financial year should be good for us, and we’ll double the total addressable market size in the next five years if our economic targets are on track.” Dasgupta joined HP India in 2023, a year when PC shipments fell 6.6% year-on-year to 13.9 million units, including all laptop and desktop sales to consumers and enterprises, due to a post-pandemic lull since PCs are not refreshed as frequently as smartphones. The lack of PCs in schools is also a key area that is currently flat in India’s education sector, Dasgupta said. HP’s commercial device shipments in India, as per IDC data, grew 33.6% y-o-y, thus becoming the fastest-growing single segment for HP’s India business.