Next step in delivering cutting-edge technologies to customers in India and across the globe, says Robbins
Cisco http://cisco.com, a global technology leader, will start manufacturing in India as part of market expansion plans and strategy to create an even more diverse and resilient global supply chain, supporting the Indian vision of becoming a global manufacturing hub.
The company is making strategic investments in Indian manufacturing https://www.makeinindia.com/home/ capabilities as the next step in delivering cutting-edge technologies to its customers in India and across the globe, said Chuck Robbins, chair and CEO of Cisco.
“Fuelled by a rapidly developing digital https://www.digitalasiahub.org/ economy, India is a focal point of innovation and business for Cisco, and we remain deeply committed to our partnerships in the country,” he said.
With this latest investment, Cisco will cater to the growing demand from customers in India and aims to drive more than $1 billion in combined domestic production and exports in the coming years ibef.org.
Cisco is now building 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 http://niti.gov.in .
The creation of a new manufacturing operation was announced by Robbins in New Delhi on 10 May, following a meeting with Prime Minister Narendra Modi, and a series of strategic engagements with Dr. S. Jaishankar, External Affairs Minister, Rajeev Chandrasekhar, Union Minister of State for Entrepreneurship, Skill Development, Electronics & Technology, B.V.R. Subrahmanyam, CEO of NITI Aayog, and K. Rajaraman, Telecom Secretary.
As organizations in India and across the globe fast-track their digitization, their technology needs are growing and evolving rapidly.
The manufacturing facility will build Cisco’s best-in-class technology, designed to provide flexible, cost-effective delivery of next-generation services and applications and support complex cloud computing environments.
The products can meet companies’ dynamic demands as they strive to foster agility in an increasingly hybrid, digital-first world https://attentionindia.com/ .
“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,” she said.
India is a key market for Cisco and its second largest R&D center outside the US. Since commencing operations in India in 1995, Cisco has focused on helping the country digitize at scale and speed, including accelerating the transformation of critical sectors like transport, agriculture, including through the Country Digitization Acceleration program, and building a skilled workforce through the Cisco Networking Academy program. Fiinews.com
