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Online edition of India's National Newspaper Monday, August 27, 2001 |
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Acer India's investment plan
NEW DELHI, AUG. 26. Computer hardware vendor Acer India would
invest Rs. 4.6 crores in the next fiscal to increase the
assembling capacity of its Pondicherry plant to 10,000 units from
the current 3,500 units.
``We will invest $1 million (Rs. 4.6 crores) in 2002-03 to scale
up the assembling capacity of the Pondicherry plant to 10,000
units by 2003 from the current 3,500 units,'' Mr. S. Rajendran,
general manager, marketing, Acer India told PTI.
The company assembles desktops and servers at the plant while
notebooks are completely imported. He said the company had till
now invested close to Rs. 9 crores for infrastructure, sales and
marketing activities adding expenses for the current fiscal would
be drawn from the pool of Rs. 9 crores. The company is planning
to launch Internet PCs in the country over the next 18 months as
part of its strategy to enter the retail segment.
``At present, we have no retail presence. We don't want to enter
in the general PC market as the demand is very low in that
segment. We will introduce Internet-PCs in India for the retail
segment over the next 18 months," Mr. Rajendran said. Acer India
is chalking out a distribution strategy to increase sales across
the board in the current fiscal.
``We are aiming to sell 32,000 desktops, 3,500 servers and 3,000
notebooks in the current fiscal,'' he said.
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