Cisco to start making products in India soon
Networking major aiming at $1 bn in domestic production, exports
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New Delhi: Global networking giant Cisco on Wednesday announced it will start manufacturing in India, with an aim to drive more than $1 billion in combined domestic production and exports in the coming years via offering a robust and secure device ecosystem.
The company will start manufacturing routers and network switches in Tamil Nadu, India to begin with, to create an even more diverse and resilient global supply chain and support India's vision of becoming a global manufacturing hub.
"The manufacturing move is aligned with the government's 'Make in India' initiative. We are bullish on the India market and will tap into the country's vast pool of talent in order to create a more secure and seamless experience for our customers, while making India an export hub for the future," Maria Martinez, Chief Operating Officer, Cisco, said.
We are bullish on the India market and will tap into the country's vast pool of talent in order to create a more secure and seamless experience for our customers, while making India an export hub for the future
- Maria Martinez, Chief Operating Officer, Cisco