This budget will increase the demand of IT products & services from Auto, Pharma & Banking industries. With the set up of skill India international centres across states with a focus on AI, robotics & IoT, we are witnessing large demand in IT procurements from R&D institutes. Focus on digital payment & computerization of agri societies will also create demand for internet & last mile connectivity equipments.
The government and education segments are also seeing some PC orders which can drive small volumes in the commercial segments in this quarter. But the impact of overall government procurement would be minimal for most of the small time players/ value added resellers in the country, who are inactive over marketplaces.
We are able to see good impact of this budget for System Integrators ( SIs) and large size IT partners, who are able to cater multi location supply chain system as well. The change in tax slab in this budget will save more money in every pocket.
Particularly in the context of retails sales, the growing market of refurbished PC/Laptop will impact largely over the sale of big brands in smaller towns, and at the same time people are now getting used to glass keyboards and ditch regular PC keyboards, thus the demand of Smartphone/Tablet is going to further boost against PC/Laptops there.
Supply disruptions are no longer an immediate concern, but softening of demand of new PC/Laptop across first time user segment is a major worry for authorized dealer community in India.
