Lucknow witnesses no recession

The IT market of Lucknow hasn't seen much of a slowdown despite the
much-hyped credit crisis and reducing rate of returns on investments (RoI). On
the contrary, there has been a positive response from IT channel partners in the
city. The major reason for the feel-good factor is the large number of
government employees residing in the city. With UP government announcing salary
hike for employees pumping the cash reserves with the local consumers, the sales
in IT sector have seen no change. In fact, according to sources, the sales of
laptops and desktops have actually gone up. Surinder of Sagar Infosystem said,
"Computers and its accessories haven't seen any change in its demand. Laptops
are gaining popularity over desktops now. Local consumers prefer to go for
branded laptops instead of desktops, as the price difference is reducing. A
trend that is expected to follow in future too."

Pankaj Kumar Agarwal of Docket Care Systems said, "Local customers prefers
only branded products, specially laptops and desktops. This is a bad time for
new products being launched in the market, as people don't trust them. "

He further added, "Consu­mers are skeptical about spending money on any such
thing from which they are not sure of getting adequate RoI.