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Cyber India Online: HP Launches Notebooks in sub-50K Range

Nov 14, 2003, 21:00 (6 Talkback[s])

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"Hewlett-Packard (HP) has announced the launch of Compaq Presario notebooks at a price of Rs 49,990. According to the company, the product is designed to cater specifically to the needs of segments such as SOHO, SMB, education and sales personnel whose primary requirements are mobility and technology at an affordable price. The Compaq Presario notebook will be available through HP's large set of retail and micro retail outlets spanning across India.

"HP India Pvt Ltd Personal Systems Group (PSG) VP Ravi Swaminathan said, 'clearly, the trigger for HP is to grow the market and tap the huge potential that it holds. The notebook market in India is expected to grow by 50 percent- 60 percent and our aim is to have a dominating presence in that market. Consider this-the ratio of desktops to notebooks in India is 1:30, while even Thailand boasts of a ratio of 1:6, with notebook sales outstripping that of desktops. We aim to change the equation in India with this sub-50,000 notebook launch...'

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