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Home > DQTop20 2008

Acer India : The Buoyancy Continues
Thursday, December 25, 2008
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Just two quarters into FY 09 andAcer has already crossed revenues in excess of Rs 1,000 crore and a growth of 69% as compared to H1 FY 08. Government and education continue to be the major draws, with big orders coming from AP schools and the Tamil Nadu government. BFSI clients like ICICI, Aviva, Bajaj Allianz, were also buying Acer products.

The emphasis for Acer in these two quarters has been on small form factor products. The Aspire One notebook, Acers first mobile Internet device in India at under Rs 23 k, did good business. Acer also launched its options and accessories business line and appointed Neoteric as the national distributor for the same. On the desktop side, the Aspire 3600 Ultra Small From factor (uSSF) caught the buyers imagination.

The JAS quarter was a record for Acer with notebook shipments exceeding one lakh units, while it topped the market share (20.1%) in widescreen LCD monitors. To continue the growth trend, it appointed Savex as the national distributor for monitors. The company expects some slowdown in OND and JFM, but is confident of pulling off significant growth in FY 09.

Rank
26

Factsheet
n MD: WS Mukund
n Start-up Year: 1999
n Products & Services: PCs, notebooks, servers, monitors, peripherals and maintenance
n Branches: 12
n Dealer Outlets: 400 plus
Revenue (Rs crore)
n H1 FY 2008-09: 1,216
n H1 FY 2007-08: 720
n FY 2007-08: 1,749

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