Cisco Chair and CEO Chuck Robbins made the announcement in New Delhi, following a meeting with Prime Minister Narendra Modi as well as a series of strategic engagements with Dr. S. Jaishankar, External Affairs Minister; Rajeev Chandrasekhar, Union Minister of State for Entrepreneurship, Skill Development, Electronics, and Technology; B.V.R. Subrahmanyam, CEO of NITI Aayog; and K. Rajaraman, Telecom Secretary.
Mr. Robbins, in his tweet, thanked Prime Minister Modi and said, “Thank you for your leadership, Honorable PM of India, @narendramodi! Thrilled to announce @Cisco is investing in manufacturing in India, with an aim to drive over $1 billion in combined domestic production and exports.”
Responding to Mr. Robbins’s tweet, PM Modi tweeted: “Delighted to meet you, Chuck Robbins, and good to see Cisco harnessing the wide range of opportunities available in India”. Cisco has announced it will start manufacturing in India with the aim of driving more than $1 billion in combined domestic production and exports in the coming years by offering a robust and secure device ecosystem.
PM Modi meets Cisco Chairman Image- Twitter/@ChuckRobbins
“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, the chair and CEO of Cisco. “These investments will allow us to deliver cutting-edge technologies to our customers in India and throughout the world.” India is a key area of innovation and business for Cisco, and we remain profoundly dedicated to our collaborations here. Fueled by a rapidly rising digital economy, India is a focal point of innovation and business for Cisco.
The world’s most influential technology company, Cisco, made the announcement that it will begin manufacturing in India, which is a significant step in the company’s plan to expand its footprint in the country. This action is part of Cisco’s aim to develop a global supply chain that is even more varied and resilient and to support India’s vision of becoming a global manufacturing hub. By making this most recent investment, Cisco will be able to meet the increasing demand from consumers in India, and the company hopes to generate more than one billion dollars in combined domestic production and exports over the next few years.
As businesses in India and all across the world accelerate the process of digitizing their operations, their requirements for technology are quickly expanding and transforming. The manufacturing plant will construct Cisco’s best-in-class technology. This technology is intended to provide flexible and cost-effective delivery of next-generation services and applications, as well as support for complicated cloud computing environments. In a world that is increasingly hybrid and digital-first, goods can satisfy the changing demands of enterprises even as those companies attempt to develop agility.
Cisco is currently increasing its in-house repair operations and creating core manufacturing capabilities in India. These core manufacturing skills include testing, development, and logistics. This will offer more impetus to the local economy in addition to improving the resiliency of supply chain operations, lowering lead times, and elevating the quality of the customer experience.
“India is of strategic importance to Cisco, and we continue to place our bets on the Indian market. With the news made today, Cisco has reached a key milestone that will underpin the company’s next phase of growth. According to Daisy Chittilapilly, President of Cisco India and SAARC, “This investment will enable us to bring state-of-the-art technologies to more people and businesses and will help accelerate India’s transition into a leading digital economy.”
India is both an important market for Cisco and its second-largest research and development center outside of the United States. Since the beginning of its operations in India in 1995, Cisco has placed a primary emphasis on assisting the nation in its efforts to digitize quickly and on a large scale. This assistance has taken many forms, including a hastened acceleration of the digital transformation of essential industries such as transportation and agriculture (facilitated, for example, by the Country Digitization Acceleration program) and the development of a skilled labor force (facilitated, for example, by the Cisco Networking Academy program).
