Industry Info:

Since 1984, India has witnessed an unprecedented computer boom. Along with it bloomed another industry: computer stationery manufacturing. According to available estimates, on an average each computer consumes 4000 computer forms every month. With over 3.5 million computers in the Indian market, the demand for
computer forms works out to a staggering 14 billion forms monthly.

The computer forms industry is one of India’s fastest growing industries having a volume growth rate of approximately 30% per annum as against the Indian industry’s average growth rate of 5%. 

As of now, only 7% of the urban population in India have access to computers. This translates to only 2.3% of the entire Indian population. The computer stationery consumption has already reached a staggering 3600 crores. And this is only the tip of the iceberg. Everyone, from the corner-restaurant to the big corporations is using computers. States like Andhra and Karnataka are creating an atmosphere favorable enough for giants like Microsoft to want to shift their bases to India. All states are promoting infotech parks to promote e-commerce. Computer forms is one of the few industries fully exempt from Excise duty. In certain backward areas it is also free of sales tax and income tax for the initial 5 years.

 

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