Cisco is investing in manufacturing in India, with an aim to drive over $1B in combined domestic production & exports’. The decision to start manufacturing in India endorses its growing economic and tech prowess, marking a major step in expanding its footprint in the country. The move is in line with the company’s strategy to establish a more diverse and resilient global supply chain while supporting India’s vision of becoming a global manufacturing hub.
The latest investment will cater to the growing demand from customers in India and drive more than $1 billion in combined domestic production and exports in the coming years. Chuck Robbins, chair and CEO of Cisco, stated, “India is a focal point of innovation and business for Cisco, and we remain deeply committed to our partnerships here.”
Robbins made the announcement following a meeting with Prime Minister Narendra Modi and a series of strategic engagements with key stakeholders. “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,” he said.
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. With organizations fast-tracking their digitization, their technology needs are evolving rapidly, and the products can meet companies’ dynamic demands as they strive to foster agility in an increasingly hybrid, digital-first world.
CISCO bets big on India: To build core manufacturing capabilities, including testing and development
The global technology leader will now build core manufacturing capabilities in India, including testing, development, and logistics, and expand in-house repair operations. The move will support supply chain resiliency, reduce lead times, and elevate customer experience, while adding further impetus to the local economy.
“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.
Since commencing operations in India in 1995, the company has focused on helping the country digitize at scale and speed, including accelerating the transformation of critical sectors like transport and agriculture through the Country Digitization Acceleration program. The company has also been building a skilled workforce through the Cisco Networking Academy program.
Chuck Robbins also met B.V.R. Subrahmanyam, CEO, NITIAayog, to discuss his company’s india plans to manufacture products for Indian and global markets as well as our commitment to #cybersecurity, #skilling & promoting #entrepreneurship in India.