behaved against the different market forces. Over these years, the industry has seen the emergence of many brands in the market and what used to be popular in the years gone by is seen no more. Focus of the market has changed drastically. The components for radio-broadcast¬ing, telephone and telegraphic communication, which were the earlier focus of the electronics industry, experienced a great growth in the nineties when the Indian government started opening doors to liberalisation and globalisation.

Undoubtedly, the in-house manufacturing activities have improved in the past few years. HCL itself has contributed a lot to these activities. Even companies such as Nokia We have seen the Indian PC market grow steadily over the years, especially in the consumer space. Strong growth in this space has put the Indian market parallel to global trends and adoptions. Also, the good news for PC manufadurers is that India is still a promising market. For a long time, computer manufacturing companies across the globe have been quite anxious about the Indian market and now they have been successful in their attempt to convert the Indian PC market into a profitable zone. Much of the success can be attributed to the astonishing performance of the branded PC manufacturers. have set up their manufacturing plants in India.

These are the indications that the trend will pick Up pace. The move will
ultimately bring the prices of gadgets such as laptops and mobile phones down, making the market more competitive. We want India to emerge as a manufacturing hub in the coming years. There is no reason that we can't. Though there are a few areas that need focus-from building infrastructure to availability of raw materials-we at HCL believe that the things are moving in the right direction.