Cisco, a leading global networking company, made an announcement stating its plans to commence manufacturing operations in India.
The objective behind this move is to foster a robust and secure device ecosystem, with a projected goal of generating over $1 billion through domestic production and exports in the forthcoming years.
Cisco, the #1 company in networking business, did not reveal its investment plans for the manufacturing facility. Cisco also did not reveal the job opportunities it will create in India.
Cisco will manufacture routers and network switches in India, thereby contributing to the diversification and resilience of its global supply chain. This initiative aligns with India’s vision of becoming a prominent manufacturing hub on a global scale, while also supporting the government’s Make in India campaign.
Maria Martinez, Chief Operating Officer of Cisco, expressed optimism about the Indian market and emphasized the company’s intention to leverage India’s vast talent pool. The aim is to create a seamless and secure experience for customers, while simultaneously establishing India as an export hub in the future.
Cisco is establishing essential manufacturing capabilities in India, including testing, development, logistics, and expanding its in-house repair operations. Apart from enhancing supply chain resilience, reducing lead times, and elevating customer experiences, this endeavor is expected to provide an additional boost to the local economy.
Chuck Robbins, Chair and CEO of Cisco, emphasized the strategic investments in Indian manufacturing capabilities as the company’s next step in delivering cutting-edge technologies to customers in India and worldwide.
Daisy Chittilapilly, President of Cisco India and SAARC, underscored India’s strategic significance for the company. She regarded the announcement as a significant milestone in powering Cisco’s next phase of growth.