Acer eyeing 40 pc growth in India, to launch 3G smartphones

The Taiwan-headquartered firm is looking at a 40 per cent growth annually, even as the industry as a whole is slated to grow at 20 per cent year-on-year. "There is a huge growth in the Indian market in terms of consumption of netbooks, notebooks and smartphones. We are looking at a 40 per cent growth this year, which will be driven mainly by our new launches in the netbook segment," Acer India Chief Marketing Officer S Rajendran told reporters.

"We will also introduce 4-6 new models in 3G-enabled Android phones in the next quarter," he said. The phones will be priced at Rs 10,000 for a basic model to Rs 24,999 for a high-end set, Rajendran said, adding that the category will witness an "enormous" spurt in sales once 3G services are rolled out. The company's India operations are likely to add Rs 3,855 crore to its overall global sales in the current calender year.

"Our revenue is likely to grow by 40 per cent over the last calender year," Rajendran said, adding that last year, the PC firm's sales stood at Rs 2,700 crore in India, as per data released by DataQuest. The company's global revenues stood at USD 17.9 billion in the 2009-10 calendar year.

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