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HCL aims 20 pc share in domestic IT market

PTI  Ludhiana, May 18, 2007
First Published: 16:57 IST(18/5/2007) | Last Updated: 17:19 IST(18/5/2007)

The $ 2.9-billion HCL Infosystems Ltd aims to capture a 20 per cent share in domestic IT market this fiscal.


"The company seeks to attain an overall 20 per cent market share in IT products and solutions, which is in line with its plans to consolidate its position in the country," HCL Executive Vice President (Marketing) George Paul told media persons on Friday.

The company has about 17 per cent market share in desktop computers while six per cent share in laptop segments.

"Last year, the company sold 5.5 million desktop computers with and about one million laptops, a growth of 20 per cent and 500 per cent respectively," he informed.

HCL also plans to open 100 Career Development Centres (CDCs) across the country, including 10 in Punjab, in this fiscal.

"These CDCs would provide training in high-end Software, Hardware and Networking integration to groom and transform students into industry-ready ICT professionals," he said.

To consolidate its position in its retail venture, the company has also planned to open 100 more HCL Digilife stores in this fiscal.

"These stores would showcase the entire products of HCL and its partners. These new stores would be the combination of company-owned stores and franchise based outlets," he said. Presently, it has 17 stores in the country.

HCL Infosystems has partnerships with leading global players like Intel, AMD, Toshiba, Bull, Ericsson, Cisco, Microsoft, Nokia, Apple, Computer Associates, Casio, Symantec and Konica Minolta among others.

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