hi Sweety,
Will this facility be start in PK(Pakistan)?
Thanks!
----- Original Message ----- 
From: "sweety bhalla" <[EMAIL PROTECTED]>
To: <accessindia@accessindia.org.in>
Sent: Wednesday, December 26, 2007 11:29 AM
Subject: [AI] Laptops for Rs 15,000 soon


> Laptops for Rs 15,000 soon
>
> Allied Computers International (Asia) Pvt Ltd is all set to rollout a 
> laptop with a seven inch screen for Rs 15,000 by May/June 2008.
>
> According to its promoter, Hirji Kanji Patel, this would be equivalent to 
> the Pentium 4 technology but will be ultra low on voltage. The company 
> also plans
> to start 20 level 3 multi-brand chip-level laptop service centres across 
> India by April 2008.
>
> According to Patel, who is an NRI from UK, there is a huge market for the 
> repair of laptops and ACi's centres would act as vertically integrated 
> service
> outlets for all leading laptop brands.
>
> Currently, the company has 4 centres. He said that most of the centres 
> would be opened in metros and would be run on lease-hold basis.
>
> An investment of Rs 2.5 crore (Rs 25 million) would be made for assets and 
> Rs 1.5 crore (Rs 15 million) would be pumped in for acquiring equipment 
> for the
> centres.
>
> The company has invested Rs 12 crore (Rs 120 million) at Gandhinagar to 
> set up a global hub for sourcing of laptop motherboards for installing the 
> country's
> first chip-level laptop motherboards and also a recycling plant to address 
> the demand and supply problem of the industry.
>
> ACi is working on developing an LCD television that would be as cheap as 
> Rs 1,000 for one inch, he said.
>
> ACi sold about 11,000 units of laptop in 2006 and recorded a turnover of 
> Rs 35 crore (Rs 350 million). It expects to do a business of Rs 75 crore 
> (Rs 750
> million) this year.
>
> According to Patel, the company has got acknowledgement for borrowing Rs 
> 100 crore (Rs 1 billion) through FCCB (foreign currency convertible bonds) 
> by the
> second quarter of next year that would be used to fund 80 service centres 
> and manufacturing facilities.
>
> The company also envisages to develop laptops for Rs 10,000 and Rs 8,000 
> through its extensive research and development in the near future.
>
> (Sweety Bhalla)
> Assistant Manager
> IFCI LTD
> New Delhi India
> E-Mail [EMAIL PROTECTED]
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