As corporates gear up to pare costs, some companies stand to benefit. Cartridge World, the world’s largest retailer of printer cartridge refilling service, has seen the share of corporate clients in its net business double to nearly 40-50 per cent from 20 per cent around nine months back. “Cost conscious corporates that are looking at bringing down overheads are now switching to re-filled printer and toner cartridges that offer a 40-70 per cent cost saving,” said Neveen Rakhecha, chief operating officer(South Asia), Cartridge World.

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Indian IT and IT-enabled services industry is expected to grow at 10.8 per cent in 2009, the lowest in the last five years, due to the global economic meltdown, a report said. But in next four years, it would grow at 13.9 per cent to touch revenue of $110 billion, the report by analyst firm IDC India has said.

“In the backdrop of one of the worst ever global financial and economic meltdown, it is estimated that in 2009, the overall India IT/ITeS industry is expected to grow at 10.8 per cent, which is the lowest in the last five years. “Going forward, the overall IT/ITeS industry is expected to grow at 13.9 per cent (CAGR 2008-2013) to touch over $110 billion in 2013,” IDC India Country Manager Kapil Dev Singh said in the report.

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