“The revision in IT budgets towards the end of the fiscal year 2010 led to controlled purchasing of print devices and IT hardware spending,” said Amrita Choudhury research analyst at Gartner. “However, the future outlook is positive. Purchasing will beef up in the coming months as economic activities will resume momentum.”
Gartner Says India Printer Copier and Multifunctional Product Market Declined 2.5 Percent In The First Quarter Of 2011