Pakistan IT Industry Shows Reverse as Compared to Global Trend

“Despite the encouraging global trend regarding growth in the IT Industry, i market is showing the reverse trend and not been able to exploit emerging opportunities”. Munawar Iqbal, the president of Computer Association, said this while reacting to new report of IDC’s Worldwide Quarterly PC Tracker. The report shows that Global PC shipments rose 2.3% year on year in the third quarter of 2009 (3Q09), according to The increase is an important continuation of recovery from year-on-year declines of 6.8% in the first quarter and 2.4% in the second quarter of this year.

Munawar Iqabal said that the computer and IT industry of has not been able to keep the momentum as a result of numerous factors including worse ever law & order situation in the country. The other contributing factors, he said, are energy crises, ill conceived taxation policies, fragile currency and failure at official level to identify and explore new opportunities in the sector.

He said that despite the ongoing mix of gloom and caution on the economic front, the PC market continues to rebound quickly. According to report, he said, the continued strength of both the U.S. and worldwide PC business in the face of difficult economic environments underscores the value that both consumer and corporate buyers place on PCs.

Munawar Iqbal said that IT industry is quite capable of showing the same results if the government ensures an enabling business environment and improved lay & order situation in the country.

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