Connect with us

Company News

Cisco to start ‘Make in India’ journey

Cisco on Wednesday said it will start manufacturing in India to drive more than USD 1 billion in combined domestic production and exports.

The company will begin its manufacturing journey in the country with two of its highest volume products, one switch and one router, consumed widely in India.

The San Jose, California-based tech giant unveiled its manufacturing plans following Cisco Chair and CEO Chuck Robbins’ meeting with PM Modi and strategic engagements with External Affairs Minister S Jaishankar, MoS Rajeev Chandrasekhar and NITI Aayog CEO BVR Subrahmanyam.

“Today, we are announcing strategic investments in Indian manufacturing capabilities as the next step in delivering cutting-edge technologies to our customers in India and across the globe,” said Chuck Robbins, chair and CEO of Cisco.

The new manufacturing facility in Chennai will help Cisco ensure flexible, cost-effective delivery of next-generation services and applications and support complex cloud computing environments.

The facility is expected to be operational in the next 12 months, Robbins told CNBC-TV18.

India is a key market for Cisco and its second largest R&D centre outside the US. Recently, the company extended its investments in security and dedicated cloud infrastructure to more customers in India.

“Fueled by a rapidly developing digital economy, India is a focal point of innovation and business for Cisco, and we remain deeply committed to our partnerships here,” Robbins added.

Cisco is now going to build core manufacturing capabilities in India including testing, development and logistics and expanding in-house repair operations.

In addition to supporting supply chain resiliency, reducing lead times, and elevating customer experience, this will add further impetus to the local economy, said Cisco.

Cisco’s new manufacturing operation is also expected to diversify the company’s supply chain.

“Today’s announcement marks a significant milestone to power the next phase of growth for Cisco. This investment will enable us to bring state-of-the-art technologies to more people and businesses and help accelerate India’s transition into a leading digital economy,” said Daisy Chittilapilly, President, Cisco India & SAARC. Businessworld

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Copyright © 2024 Communications Today

error: Content is protected !!