India may outpace Nutanix’s global growth metrics: CEO
economictimes.indiatimes.comNutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability, CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference being held here.
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«In September, we provided a three-year roadmap where we said we would be growing our Annual Recurring Revenue 20% plus by our fiscal year 2027,» he explained. «We said that we would also be increasing our cash flow generation to $700-900 million by that period. I expect India as a country to grow faster than that growth rate.»
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Offering CollegeCourseWebsiteIIT DelhiCertificate Programme in Data Science & Machine LearningVisitIndian School of BusinessProfessional Certificate in Product ManagementVisitMIT xPROMIT Technology Leadership and InnovationVisitRamaswami went on to add that a «huge chunk» of Nutanix's innovation happens in India for which he said the company would continue to hire people for both their Bengaluru and Pune operations. He said that the entire company has around 7000 people of which a good portion of developers are based in India.
The company has been in the country for some time now and it is one of its most successful markets that is growing very fast, in line with the trend over the last few years, he said.
«We've also been a leader in the hyper-converged infrastructure space for a long time (in India),» he said. «We
