Kolkata IT Mar­ket ex­pects more from Fes­tive Sea­son

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Af­ter GST im­ple­men­ta­tion, Kolkata IT mar­ket is re­cov­er­ing slowly and steadily. There is no doubt that af­ter GST the mar­ket sales graph has been in­creased. Say­ing this will not be wrong that IT trade suf­fered a lot in the month of July, but from the be­gin­ning of Au­gust the sit­u­a­tion is get­ting un­der con­trol and the in­creased mar­ket sales is giv­ing the chan­nel part­ners a ray of hope.

Kolkata IT As­so­ci­a­tion which is also known as COM­PASS is also very much ac­tive in the re­gion. They have been reg­u­larly con­duct­ing the sem­i­nars for ed­u­cat­ing the traders on dif­fer­ent top­ics re­lated to the mar­ket. Talk­ing to The DQ Week Ashish Ku­mar Paul of Vi­sion Comtech shares, ‘Ini­tially the whole mar­ket was af­fected by the GST im­ple­men­ta­tion and the same sit­u­a­tion was there till July but now the sit­u­a­tion is chang­ing and we traders are re­ally happy about this pos­i­tive change in mar­ket.’

Ro­hit Singh of Vedant Com­put­ers says, ‘mar­ket is run­ning ab­so­lutely good in the cur­rent sce­nario. The cash flow in mar­ket also came on track. The whole mar­ket has re­cov­ered the loss and again mov­ing to­wards the growth.’

Suresh Mishra of Wizer Tech­nolo­gies says, ‘The sit­u­a­tion was be­com­ing very bad ear­lier but with the fes­tive sea­son we are ex­pect­ing the more profit in sales. From the start of Au­gust we are al­ready cov­ered losses.’

Ra­jesh Lahiri of Dig­i­tal In­fotech shares, ‘We part­ners are re­ally happy about grad­u­ally chang­ing sit­u­a­tion of the mar­ket. And we are ex­pect­ing a much im­proved scene by Di­wali.’

Ro­hit Singh of Vedant Com­put­ers

CHENNAI DELHI

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