“Assembled. Component by component.”
Rocket Singh Computing Index
The changing economics of building a computer.
- Film
- Rocket Singh: Salesman of the Year (2009)
- Base year
- 2009
- Indexed unit
- One business machine, assembled from ten constituents
- Geography
- India
- Currency
- INR
One computer. Ten constituents. Seventeen years of technological disruption.
Value at 2009
₹38,000
Value at last verified date (2025)
₹85,000Rocket Singh removed the corporate markup. AI moved it into memory and silicon.
- Nominal change
- +123.7%
- Compound annual growth
- +5.2% a year
- 2009 value in 2025 money
- ₹1,00,149
- Real appreciation
- −15.1%
- Months of income, 2009
- 9.9 months
- Months of income, 2025
- 5.0 months
- Latest observation
- Provisional
2009 to 2025, unadjusted
Across 16 years
Base value restated using CPI
Net of general inflation
Per-capita net national income
0.5× the 2009 burden
The 2025 figure is not yet final. Values on this page will move when it publishes.
The machine as an index
Ten constituents, weighted at their 2009 shares. Every figure below is computed from the constituent series — none of it is typed in, so repricing one part moves the whole page.
- Index, 2025
- 223.7
- 2009 = 100
- Total change
- +123.7%
- Nominal rupees
- Inflation adjusted
- −15.1%
- Net of Indian CPI
- Capability index
- 2,214
- 22.1× the 2009 machine
- Price per capability
- −89.9%
- Bottomed in 2024
- Largest constituent
- Processor
- By share of the 2025 business build
- Fastest riser
- Cooling
- By percentage, and from the smallest base
- Largest fall
- Graphics
- Absorbed into the processor, not discounted
The index level is derived, not published. It has not been validated against an independent historical dataset, and the confidence label on each constituent is the honest read on how much weight any one of these figures can carry.
What it was worth, each year
Nominal local currency by default. Switch modes to strip out inflation, express the figure as earning time, or read it as quantity and percentage change.
Focus the chart and use ← → to walk the series, Home and End for the ends, Escape to clear.
Did it outrun the benchmarks?
- India CPI, all groupsLagged
2.2× vs 2.6×
- Per-capita net national incomeLagged
2.2× vs 4.5×
Same job, and what people now mean by compute
Two reconstructions, priced at the snapshot. The first does the work Rocket Singh's customers actually did. The second is the machine the phrase has come to describe.
Business
Complete machine, including display and peripherals.
₹85,000
- Processor₹20,000Six-core APU with integrated graphics23.5%
- Motherboard₹11,000Entry current-socket, DDR5, Wi-Fi 612.9%
- Memory₹12,00016 GB DDR5-5600, two modules14.1%The single most volatile line on this page.
- Storage₹6,5001 TB NVMe Gen47.6%
- GraphicsIncludedIntegrated in the processorNo separate purchase. In 2009 this tier bought a ₹3,200 card.
- Power supply₹5,500550 W, 80 Plus Bronze6.5%
- Cooling₹2,500Stock cooler, three case fans2.9%
- Cabinet₹4,500Steel mid-tower, mesh front5.3%
- Display₹15,00027-inch IPS, 2560 × 144017.6%
- Networking and peripherals₹8,000Wi-Fi 6, keyboard, mouse, webcam9.4%
Compute
Complete machine, including display and peripherals.
₹1,96,000
- Processor₹20,500Six-core, no integrated graphics10.5%
- Motherboard₹13,000B650-class, DDR5, PCIe 4.06.6%
- Memory₹34,00032 GB DDR5-600017.3%Twice the capacity of the business tier at nearly three times the price.
- Storage₹15,0001 TB NVMe Gen4, high endurance7.7%
- Graphics₹80,00016 GB discrete accelerator40.8%The largest single constituent, by a wide margin.
- Power supply₹7,500750 W, 80 Plus Gold3.8%
- Cooling₹3,500Large air tower cooler1.8%
- Cabinet₹6,000Mid-tower, high airflow3.1%
- Display₹12,50027-inch IPS, 2560 × 14406.4%
- Networking and peripherals₹4,000Wi-Fi 6, keyboard, mouse2.0%
The first machine does the same job. The second is what people increasingly mean when they say compute — and the difference between them is almost entirely two constituents.
Where the money sits, by tier
Largest: Processor, 23.5% of the build.
Largest: Graphics, 29.3% of the build.
Largest: Graphics, 40.8% of the build.
- Processor
- Motherboard
- Memory
- Storage
- Graphics
- Power supply
- Cooling
- Cabinet
- Display
- Networking and peripherals
Ten markets in a steel box
Each constituent has its own price history, its own capability history and its own set of markets that decide it. Open one to see what set the price.
Processor
₹8,500₹20,000+135.3%index 235Dual core, 2.8 GHz, 65 W, 45 nm Six cores, twelve threads, integrated graphics, 4 nm
22.4% of the 2009 build 23.5% of the 2025
Processor
Dual core, 2.8 GHz, 65 W, 45 nm Six cores, twelve threads, integrated graphics, 4 nm
22.4% of the 2009 build 23.5% of the 2025
What the money bought
- Processor
- 1,100 Multi-thread score 27,000 Multi-thread score24.5×
What sets this price
Processor throughput rose about twenty-five times while the price rose about two and a third. Per unit of work it is the strongest deflation story in the machine — and it is no longer where the money goes.
Motherboard
₹4,300₹11,000+155.8%index 256Entry chipset, 2 DIMM slots, PCIe 2.0, 100 Mbit ethernet Current-socket B-series, DDR5, PCIe 4.0, Wi-Fi 6, 2.5 Gbit ethernet
11.3% of the 2009 build 12.9% of the 2025
Motherboard
Entry chipset, 2 DIMM slots, PCIe 2.0, 100 Mbit ethernet Current-socket B-series, DDR5, PCIe 4.0, Wi-Fi 6, 2.5 Gbit ethernet
11.3% of the 2009 build 12.9% of the 2025
What sets this price
The motherboard is the quiet riser: up more than two and a half times, and almost none of it visible to the buyer as a feature. It is also the constituent that locks in the cost of the next two — a board decides which processor and which memory generation you are allowed to buy.
Memory
₹2,100₹12,000+471.4%index 5712 GB DDR2-800, 12.8 GB/s 16 GB DDR5-5600, 89.6 GB/s
5.5% of the 2009 build 14.1% of the 2025
Memory
2 GB DDR2-800, 12.8 GB/s 16 GB DDR5-5600, 89.6 GB/s
5.5% of the 2009 build 14.1% of the 2025
Priced by capacity — ₹ per GB
- Cheapest, 2023
- ₹184
- Fall to 2023
- −82.4%
- Since 2023
- +306.8%
What a business build shipped with: 2 GB in 2009, 4 GB from 2011, 8 GB from 2015, 16 GB from 2021. Capacity moves in steps, so price per gigabyte drops sharply in a step year for reasons that have nothing to do with the memory market.
What the money bought
- Memory capacity
- 2 GB 16 GB8.0×
- Memory bandwidth
- 13 GB/s 90 GB/s7.0×
What sets this price
Memory fell about eighty per cent per gigabyte between 2009 and 2023, which is roughly what the industry promises. Then it reversed harder than at any point in the series. The reason is not a shortage of factories. It is that personal computers stopped being the most persuasive customer in the room.
Storage
₹2,800₹6,500+132.1%index 232500 GB, 7200 rpm, 90 MB/s, SATA 1 TB NVMe Gen4, 7,000 MB/s, PCIe
7.4% of the 2009 build 7.6% of the 2025
Storage
500 GB, 7200 rpm, 90 MB/s, SATA 1 TB NVMe Gen4, 7,000 MB/s, PCIe
7.4% of the 2009 build 7.6% of the 2025
Priced by capacity — ₹ per GB
- Cheapest, 2015
- ₹2.65
- Fall to 2015
- −52.7%
- Since 2015
- +145.3%
The 2020 drop is a technology substitution, not a shortage: the build moved from a 1 TB spinning disk to a 512 GB solid-state drive, giving up half the capacity for roughly a hundredfold improvement in seek time. Price per gigabyte rises when that happens and the machine still got better.
What the money bought
- Storage speed
- 90 MB/s read 7,000 MB/s read77.8×
- Storage capacity
- 500 GB 1,000 GB2.0×
What sets this price
Per gigabyte, storage costs more than it did in 2009. Every bit of the gain went into speed instead: the drive reads about seventy-eight times faster and the gigabyte is 16% dearer. That is a real improvement, and it is not the improvement anyone was promised.
Graphics
₹3,200Included−100.0%index 0Entry discrete card, 512 MB, display output Integrated in the processor — no separate purchase
8.4% of the 2009 build 0.0% of the 2025
Graphics
Entry discrete card, 512 MB, display output Integrated in the processor — no separate purchase
8.4% of the 2009 build 0.0% of the 2025
What the money bought
- Graphics
- 250 Benchmark score 3,500 Benchmark score14.0×
What sets this price
In a business machine this line went to zero: from 2016 the processor did the job and the card stopped being bought. In a compute machine it went the other way entirely and is now the largest single constituent. The same component became free in one tier and dominant in another.
Power supply
₹2,200₹5,500+150.0%index 250400 W, unrated 550 W, 80 Plus Bronze
5.8% of the 2009 build 6.5% of the 2025
Power supply
400 W, unrated 550 W, 80 Plus Bronze
5.8% of the 2009 build 6.5% of the 2025
What sets this price
The business machine barely needs more power than it did — this tier draws under 150 W. The compute machine needs four times that, and the power supply is sized for the graphics card rather than for the work.
Cooling
₹400₹2,500+525.0%index 625Stock cooler, one case fan Stock cooler, three case fans
1.1% of the 2009 build 2.9% of the 2025
Cooling
Stock cooler, one case fan Stock cooler, three case fans
1.1% of the 2009 build 2.9% of the 2025
What sets this price
The largest percentage rise of any constituent in this tier, from the smallest base. Cooling went from a part that came in the processor box to a line that gets specified. It is still under three per cent of the machine.
Cabinet
₹2,000₹4,500+125.0%index 225Steel micro-ATX, one fan mount Steel mid-tower, mesh front, cable routing
5.3% of the 2009 build 5.3% of the 2025
Cabinet
Steel micro-ATX, one fan mount Steel mid-tower, mesh front, cable routing
5.3% of the 2009 build 5.3% of the 2025
What sets this price
The control group. The cabinet tracks ordinary manufacturing inflation and almost nothing else, which makes it the best available measure of how much of every other line is a supply story rather than a cost story.
Display
₹10,000₹15,000+50.0%index 15018.5-inch TN, 1366 × 768, 1.05 megapixels 27-inch IPS, 2560 × 1440, 3.69 megapixels
26.3% of the 2009 build 17.6% of the 2025
Display
18.5-inch TN, 1366 × 768, 1.05 megapixels 27-inch IPS, 2560 × 1440, 3.69 megapixels
26.3% of the 2009 build 17.6% of the 2025
What the money bought
- Display resolution
- 1.05 Megapixels 3.69 Megapixels3.5×
What sets this price
Display is the counterweight to everything else on this page. Half again the price for three and a half times the pixels, a better panel type and a larger screen. The deflation people assume happened to computers did happen — it happened to the monitor.
Networking and peripherals
₹2,500₹8,000+220.0%index 320100 Mbit ethernet, keyboard, mouse Wi-Fi 6, gigabit ethernet, keyboard, mouse, webcam
6.6% of the 2009 build 9.4% of the 2025
Networking and peripherals
100 Mbit ethernet, keyboard, mouse Wi-Fi 6, gigabit ethernet, keyboard, mouse, webcam
6.6% of the 2009 build 9.4% of the 2025
What the money bought
- Network
- 100 Mbit/s 1,000 Mbit/s10.0×
What sets this price
This line more than tripled, and it still understates the change. A 2009 machine worked without a network. A 2025 one is a client: the files, the software and increasingly the compute are somewhere else, on a subscription that never appears on this invoice.
What it costs against what it can do
A price index on its own says nothing about a technology product. Two indices on the same base, and the ratio between them, say almost everything.
Price index
223.7
What the machine costs. 2009 = 100.
Capability index
2,214
What it can do. 22.1× the base machine.
Price per capability
10.1
−89.9% since 2009.
The finding
Price per unit of capability fell every year from 2009 to 2024. Then it rose +26.9%.
What goes into the capability index
| Metric | Supplied by | Weight | 2009 | 2025 | Change |
|---|---|---|---|---|---|
| ProcessorMulti-thread score | Processor | 25% | 1,100 | 27,000 | 24.5× |
| GraphicsBenchmark score | Graphics | 18% | 250 | 3,500 | 14.0× |
| Storage speedMB/s read | Storage | 14% | 90 | 7,000 | 77.8× |
| Memory capacityGB | Memory | 12% | 2 | 16 | 8.0× |
| Display resolutionMegapixels | Display | 9% | 1.05 | 3.69 | 3.5× |
| Memory bandwidthGB/s | Memory | 8% | 13 | 90 | 7.0× |
| Storage capacityGB | Storage | 8% | 500 | 1,000 | 2.0× |
| NetworkMbit/s | Networking and peripherals | 6% | 100 | 1,000 | 10.0× |
Weights are published rather than tuned, and they are a judgement. A capability index nobody can audit is a number with a shrug attached. Benchmark suites change between hardware generations, so read a twenty-two-fold gain as an order of magnitude, not a precise multiple.
Six markets, none of them the computer market
Every force below sets prices somewhere else and arrives here as a consequence. The cabinet is in most of these lists precisely because nothing touches it.
Semiconductor manufacturing
ThroughoutEvery part in the machine except the cabinet ultimately comes off a wafer. As nodes shrank, the cost of building a fab and the cost of each new process step rose faster than the transistors got smaller — and the number of companies able to build one fell to three.
- Process-node transitions
- Foundry capacity and yield
- Advanced packaging
- Geographic concentration
- Export restrictions
- Processor — Each node costs more to develop and amortise.
- Graphics — Largest dies, so most exposed to yield.
- Memory — Capacity decisions made years ahead of demand.
- Cabinet — Steel is not a semiconductor.
Memory cycles
2009 onward, repeatedlyDRAM has always overshot. Three manufacturers add capacity together, prices collapse, they cut production together, prices spike. The 2017–18 supercycle and the 2019–20 collapse are both visible in this index. What is different now is who the marginal buyer is.
- Oversupply and coordinated production cuts
- Server versus consumer allocation
- High-bandwidth memory demand
- Contract versus spot pricing
- Memory — The constituent this driver is about.
- Motherboard — Each memory generation raises board cost.
- Storage — NAND follows a similar cycle on its own clock.
Data centres
2020 onwardHyperscale build-out changed which customer matters. A cloud operator signs multi-year contracts for memory and storage at volumes no consumer market can match, and takes priority allocation when supply tightens. The desktop buyer is now the residual claimant.
- Hyperscale cloud expansion
- Enterprise SSD demand
- Server-memory contracts
- Nearline drive shortages
- Power infrastructure
- Memory — Server DIMMs outbid consumer modules.
- Storage — Nearline and enterprise drives sold out ahead.
- Networking and peripherals — The work moved to the network, so the network became a purchase.
Artificial intelligence
2023 onwardTraining and inference demand turned the graphics card into strategic infrastructure and high-bandwidth memory into the scarcest thing in the supply chain. Both are made on capacity that used to serve desktops. This is the largest single reason the 2025 column looks the way it does.
- Accelerator scarcity
- High-bandwidth memory allocation
- Local model workstations
- AI-capable consumer hardware
- Graphics — Consumer cards priced against enterprise demand.
- Memory — HBM competes for the same fabrication capacity.
- Storage — Training data has to live somewhere.
- Power supply — Higher draw needs more headroom.
- Cabinet — Unmoved, as always.
Crypto
2017–18 and 2020–21Two mining cycles bid consumer graphics cards away from the people they were designed for, then returned them to the second-hand market at once when mining stopped being profitable. A rehearsal for what AI demand would do at a much larger scale.
- Mining profitability
- Secondary-market pricing
- Post-mining resale supply
- Graphics — Two visible spikes, both fully reversed.
- Power supply — Mining rigs pulled high-wattage units out of stock.
Global disruptions
2011, 2020–22The Thailand floods took out disk assembly for a year. The pandemic did the same to logistics, then added a demand shock on top of it. Neither had anything to do with the technology, and both are clearly visible in the series.
- Natural disasters
- Pandemic demand and logistics
- Factory shutdowns
- Trade restrictions
- Currency movement
- Storage — The 2012 spike is the Thailand floods.
- Networking and peripherals — A webcam became mandatory in 2020.
- Display — Everyone bought a second monitor at once.
What could Rocket Singh build with the same money?
Hold the rupees still and let the year move. For fifteen years this table only ever got better.
| Year | Processor | Memory | Storage | Graphics | Display | Capability |
|---|---|---|---|---|---|---|
| 2006Data confidence: Estimated | Dual core, 3.0 GHz | 2 GB DDR2 | 250 GB disk | Mid discrete | 19-inch LCD | 96 |
| 2009Data confidence: Reconstructed | Quad core, 2.8 GHz | 4 GB DDR2 | 1 TB disk | Mid discrete | 22-inch LCD | 178 |
| 2016Data confidence: Reconstructed | Quad core, 4.0 GHz | 16 GB DDR4 | 2 TB disk + 250 GB SSD | Mid discrete | 24-inch LED | 546 |
| 2020Data confidence: Reconstructed | Six core, 3.7 GHz | 16 GB DDR4 | 1 TB NVMe | Mid discrete | 27-inch IPS | 1,394 |
| 2023Data confidence: Reconstructed | Eight core, 4.5 GHz | 32 GB DDR5 | 2 TB NVMe | Mid discrete | 27-inch QHD | 2,318 |
| 2025Data confidence: Current market | Six core APU | 16 GB DDR5 | 1 TB NVMe | Integrated | 27-inch QHD | 2,214 |
The complete equation
Not a footnote. Every step, every number, the dataset it came from and the rounding rule applied to it.
processor + motherboard + memory + storage + graphics
+ power + cooling + cabinet + display + peripherals
= ₹38,000
constituent price ÷ base price × 100
Σ (constituent index × base-year weight)
Σ (metric ÷ base metric × 100 × weight)
price index ÷ capability index × 100
Price is only the first question
How much it cost, how much the underlying thing appreciated, and how hard it was for a person to afford — three different questions with three different answers.
Time on the clock
What the old money buys
Inflation-adjusted value
What drove the change
The index sits at 224 against a base of 100. Indian consumer prices rose faster, so in real terms the machine is about 15% cheaper than it was — which is the least interesting true thing that can be said about it.
The capability index sits at 2,214. The same tier of machine is about twenty-two times more capable than the one Rocket Singh sold: twenty-five times the processor throughput, eight times the memory, seventy-five times the storage read speed, three and a half times the pixels. Price per unit of capability fell about ninety per cent.
It fell every single year from 2009 to 2024. Then it rose. That reversal is the finding on this page, and it is small in absolute terms and very large in what it implies — a fifteen-year trend in the price of computing stopped, and not because computing got harder to make.
Take the machine apart and the reason is legible. The display is up 50% for three and a half times the pixels. The processor is up 135% for twenty-five times the work. The cabinet tracks ordinary inflation, as it always has. Memory is up 471%, and almost all of that arrived in the last two years.
Memory and storage are made on capacity that a data centre also wants, and a data centre signs multi-year contracts at volumes a desktop buyer cannot approach. High-bandwidth memory for accelerators competes for the same wafers as the module in this machine and earns considerably more of them. The graphics card, meanwhile, became the machine: in the business tier it costs nothing because the processor absorbed it, and in the compute tier it is 41% of the entire bill.
The structural change is not that computers got expensive. It is that the value inside a computer moved — from the processor to the graphics card, from local storage to somebody else's infrastructure, from consumer memory to server memory. Personal computers are no longer the most persuasive customer in the markets that supply them.
Semiconductor manufacturing
Memory cycles
Data centres
Artificial intelligence
Crypto
Global disruptions
What this index does not claim
Source ledger
Every dataset behind this page, with the adjustments applied on the way in and how gaps are treated. Last verified 31 December 2025.
Mid-range self-assembled desktop PC — total component cost, India, ₹Data confidence: Reconstructed2009–2025
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- Date range
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Representative business-machine capability — benchmark and specification metricsData confidence: Reconstructed2009–2025
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- Missing data
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DRAM and NAND flash contract prices — industry benchmark, US$Data confidence: Reconstructed2009–2025
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- Missing data
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India consumer price index, all groups — annual average, rebased 2012 = 100Data confidence: Reconstructed1999–2025
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- Original unit
- Normalised unit
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- Missing data
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Per-capita net national income at current prices — monthly equivalent, ₹Data confidence: Reconstructed1999–2025
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- Date range
- Geography
- Frequency
- Original unit
- Normalised unit
- Currency
- Adjustments
- Missing data
- Last checked
- Licensing
Pop Indices is editorial and educational. Historical returns are described, never projected, and nothing here is investment advice. Film titles, characters and dialogue are referenced for commentary and remain the property of their rights holders.
The computer became more powerful.The market around it became more concentrated.
This is not a measure of computer inflation. It is a record of where the value inside a computer went.
- From the processor to the graphics card
- From local storage to somebody else's infrastructure
- From consumer memory to server memory
- From personal productivity to artificial intelligence
In 2009, Rocket Singh had to understand the customer. In 2026 he would also need to understand the data centre.
A Duku Design experiment in cultural memory, product economics and the changing price of compute.
The card carries its own provenance
A figure that travels without its source is the thing this section exists to avoid, so the export always includes the credit line.
