With over $1 billion in annual revenue already, India is poised to become one of the top four markets for California-based Cisco in the next few years on the back of strong growth in government and enterprise business.
Cisco, which reported global revenue of $12.6 billion for the quarter ending July 30, 2016, saw its top line in India rising by 20 percent, even as the overall revenue fell 2 percent.
Its India operations have seen nine straight quarters of growth starting from 2013, reports BusinessLine.
Talking about the team in India, Cisco CEO Chuck Robbins said India is an “incredible source” of highly-talented engineers. “They are completely energized around the challenge of new innovation. For me, this is not only a talent pool, but a living laboratory. This is a place where we will continue to see investment and new projects being launched and new businesses being developed. I see nothing but opportunities,” he said.