![]() This makes India one of Cisco's brightest growth hot spots given the challenges that it has been facing on the global front. This isn't surprising, as Cisco India President Sameer Garde points out that the Indian business has been growing at an annual pace of 14% to 15% over the past four years. It hit $1 billion in revenue in India a couple of years ago, and seems poised to double that number in the near future. The company has struggled to boost its top line in a meaningful manner over the past couple of years, and its bet on the Internet of Things (IoT) doesn't seem to be delivering meaningful results.īut India is one market where Cisco finally seems to be gaining traction. ![]() ![]() Networking giant Cisco Systems ( CSCO -0.36% ) is in dire need of a big catalyst to kick-start its growth. ![]()
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