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Recession takes a toll on Com-IT expo
 
But this year, the omnipresent global recession gripped the four-day exhibition with the presence of visitors, especially corporate, being almost negligible
 
Akhilesh Shukla
 
Wednesday, November 26, 2008

 

Mumbai : The global recession in the economy, which is giving sleepless nights to the people in banking finance and IT industry, hit the Com IT Expo 2008 hard. The number of exhibitors went down by almost 20 percent. At the same time, corporate also distanced themselves from the show.

The event, organized by Mumbai-based Trade Association of Information Technology (TAIT) was inaugurated on Sep 21 at the MMRDA exhibition ground, Bandra-Kurla Complex, Mumbai. TAIT, founded in March 1996, represent the interests of the IT industry in the city of financial capital of the country. The organization represents more than 350 IT companies comprising of resellers, systems and network integrators, distributors, sub-distributors and solution providers.

The impact of recession was seen throughout the event. While the number of participants was slightly decreased, as compared to the previous year's footfall, the attendees complained that the participation was cold. Further allegations were also leveled against the organizers that proper publicity was not done for the event, to attract visitors, especially corporate, who are the large buyers. However, organization was not reached for its comment.

This year, just 90 exhibitors attended the biggest IT fair of western region, much below than the expected number of 125. Even comparing to the figure of last years' number of exhibitants, which was around 110, number of participants went down by 20 percent.

"Yes the number of participants has gone down this year. Obviously the global recession has caused impact on the expo. But still we can call it a successful event, as the difference is not much," said CW Kadwadker, Executive Secretary, TAIT. He confirmed that some of the corporate have canceled participation at the eleventh hour. Almost negligible participation was seen from Taiwan and China, which are hardly hit by the global recession.

"We could have seen better participation from end customers and corporate if the organizer would have taken their job more seriously. I came to know that no proper invitation was sent to corporate and big channels. At the same time, no measures were taken to increase the awareness level among the end customer," said Sushil Gupta of Aztech Tele System.

Some of the exhibitors dealing into gaming, security and low-cost products did not feel the pinch of recession at all. Enough number of people visited, comprising of channels and end customers, their stalls in the exhibition. Last but not the least, some of them have also received handsome amount of business queries, which they are looking forward to convert into buying.

"This year, our objective was to give consumer some sort relaxation and entertainment. In our stall, people could come and experience the latest games launched by us," said Rajshekhar Bhatt, National Sales Manager-ATI Product Line, Chipsets Business, AMD. Lot of people, especially youths were trying their hands on the latest games like Need for Speed, Undercover and FIFA-2009, which were unveiled on the day-one of expo.

Similarly, people selling low-cost products remained untouched. Aztech Tele System, one of the participants in the expo had generated a decent amount of business in the four-day event. The company was displaying two low-cost printers-Samsung 1640 and 2245. Both the products were priced below Rs 10,000. End-customer and channels took fair amount of interest in the printers.

"Ours was a low-cost product, probably this was why we did not felt the pinch. Otherwise we would have had negative impact on the products, as selling high-cost products at this point of time could be difficult," said Sushil Gupta of Aztech Tele System.

Companies into anti-virus and content security managed to remain untouched from the recession. "Security products did not have any ramification of the existing global economic crises that is hitting the IT Industry hardly," said Rajat, Marketing Manager-Global, MircoWorld.

On the other hand, there were some exhibitors who were not interested in selling their products. For some of them, it was just a brand-building exercise, while others were using the platform just to up-hold their existing channel partners and get some new alliance.

"I was there to showcase our product Divoom range of speakers, which is expected to be launched in the month of December. Along with that, we showcased our five dozen other existing products," said Zianul Tinwala, CEO, HT Impex.

He accepted that the presence of end customers, corporate and channels were not good enough. The footfall has gone down drastically. "Some 100 odd people visited my stall in the four-day event. But this year, there was no direct business as such. From our end, it was more of brand-building exercise," Tinwala added.

Similarly, Mircoworld also did not launch any new products in the exhibition. "Our target was to make a preview of a new product that they would be launching in January, next year. Besides, the other aim was to uphold our existing channel partner and add on some new partners," said Rajat. He complained that big corporate remained away from the show.

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