BenQ expects India business to grow 15-20% in 2020

IT peripheral firm BenQ expects around 15-20 per cent growth in India business this year on pick up in sales demand from home segment for monitors and high-definition projectors, according to a top official of the company.

According to BenQ India managing director Rajeev Singh, the company’s institutional sales for flat screen wall and projectors have suffered due to the Covid-19 pandemic, but its impact has been compensated with increase in sales of monitor and projectors by retail customers.

“In terms of percentage, we are definitely looking at a 15 to 20 per cent increase. We are expecting at least three times growth in our monitor business during this year as compared to last year, and we work on a calendar year basis,” Singh told PTI.