With India emerging as a key market for its products, software giant Microsoft has said that it has grown at a compounded annual growth rate of 45 per cent over the last five years in the Indian market.
"With the help of our partners, system integrators, independent solutions vendors and customers, our cumulative growth rate over the last five years has been around 45 per cent", Rajiv Kaul, managing director, Microsoft India told PTI in New Delhi.
In the current fiscal for Microsoft which runs from July-June, he said that so far the business performance has been good and with already two months still ahead, there could be more businesses coming on its way.
Most of the demand for its products has come from government, banks, telecom and manufacturing sectors,
The company has a "good" month in March, he said.
The expectations of better period in terms of sales hinges on the response to the Windows Server 2003, after it is launched this month worldwide. Microsoft is working with close to 200 ISVs in India, which are expected to be roped in for Server 2003.
The company released the beta version of Server 2003 to manufacturing last month.
Microsoft India, the 100 per cent subsidiary of US based Microsoft has been present in India over the last 13 years.
All the desktop applications, operating systems, developer tools, Net enterprise servers of the company are available in India.
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