What They Say on Their India Plans

A column compiling recent quarterly earnings call commentary highlights how global companies are approaching India as the June-quarter reporting season progresses. Intuitive Surgical said it saw strong procedure momentum in India and received regulatory clearance for its latest-generation da Vinci 5 platform. Jabil reported that India revenue nearly doubled over the past year, citing rising InfiniBand and Ethernet networking demand, and said it is exploring a one-stop AI infrastructure manufacturing offering with Adani, aligned with “Make in India, Make for the World.” Expeditors International described disruption in India after carriers cancelled major services bound for North America, leading to cargo backlogs and equipment shortages. FMC said it is tightening credit terms and collecting older receivables in India to monetize working capital and support free cash flow. AB Volvo maintained its India forecast of 400,000 medium and heavy-duty trucks but noted moderation, with softer conditions impacting outlook and Asia’s book-to-bill ratio. The segment ends as Elekta AB points to a significant opportunity in radiation therapy.