NewPARA Cisco's shares ticked up in pre‑market trading after CEO Chuck Robbins announced a new expansion plan in India, a market that has become a hub for manufacturing, engineering and chip design.
NewPARA Robbins said the company has trained over 1 million students in India last year alone, a massive push to build a tech‑savvy workforce that feeds its global product lines.
NewPARA The company now makes six product lines in India, with one flagship line comprising nearly 30 000 components, a scale that underlines the need for a robust local supplier network.
NewPARA Robbins highlighted that more than half of Cisco’s Indian‑manufactured products are exported, turning the country into an export base and reducing logistical costs across the supply chain.
NewPARA While the India‑US trade deal remains pending, the CEO emphasized that growth prospects in India are independent of bilateral agreements, citing the country’s momentum in technology and manufacturing.
NewPARA Analysts predict that the expanded manufacturing footprint could lift Cisco’s revenue share from India by up to 5 % over the next 12 months, and the company is expected to announce guidance for the next quarter in October.