Cisco, a leading global technology company, has announced its plan to commence manufacturing in India as it expands its presence in the country. The move is part of the brand’s strategy to establish a more varied and durable supply chain while supporting India in realizing its vision of becoming a worldwide manufacturing hub.
Cisco aims to generate over $1 billion in combined domestic production and exports in the next few years and meet the growing demand from Indian customers with this recent investment. Chuck Robbins, the CEO of Cisco, unveiled the new manufacturing operation in New Delhi, revealing that the India investment arose after several meetings with government officials, including Prime Minister Narendra Modi.
Robbins stated that Cisco was committed to providing innovative technologies to customers across the world, and India, with its growing digital economy, is a focal point for the company’s innovation and business development activities. As organizations worldwide initiate their digitization processes, there is an exponential increase in their technology needs, and Cisco’s manufacturing plant will create cutting-edge technology designed to deliver cost-effective, flexible, and next-generation services and applications that support complex cloud computing environments. With a focus on testing, logistics, development, and expanding in-house repair services, the company aims to enhance supply chain resiliency, shorten lead times, and improve customer experience.
India is a strategic market for Cisco, and the company’s second-largest R&D center outside of the US. The brand has been a significant player in digitizing India on a large and scalable level since its inception in the country in 1995. Cisco has been instrumental in accelerating the transformation of critical areas such as agriculture and transport through its Country Digitization Acceleration program. Furthermore, it has established a skilled workforce through the Cisco Networking Academy program.
Daisy Chittilapilly, President of Cisco India & SAARC, stated that the Indian investment highlighted a significant milestone for the maintenance of Cisco’s growth trajectory. The investment would allow the brand to bring state-of-the-art technologies to more people and businesses, catalyzing India’s transformation into a leader in the digital economy.
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