Cisco CEO meets PM Modi, doubles down on local manufacturing
Cisco has announced a new investment in Indian manufacturing capabilities that will help deliver cutting-edge technologies to our customers in India and across the globe. This investment will help us to better serve our customers in India and globally with the latest and most innovative technologies.
Cisco Chair and CEO Chuck Robbins met Prime Minister Narendra Modi on Wednesday to discuss the company’s plans to increase manufacturing in India and boost exports. Cisco has doubled down on its investment in India, and is looking to expand its manufacturing footprint in the country. This will help create jobs and support the government’s ‘Make in India’ initiative.
Cisco has announced it will be investing in new Indian manufacturing capabilities to better serve its customers in India and across the globe. The company plans to expand its production facilities in Pune and Bangalore, and will be working with local partners to create a state-of-the-art manufacturing infrastructure. This investment is part of Cisco’s continued commitment to delivering the latest technologies to its customers.
“Thank you for your leadership, Honorable PM of India, @narendramodi! Thrilled to announce @Cisco is investing in manufacturing in India, with an aim to create thousands of jobs and drive over $1B in combined domestic production and exports,” Robbins tweeted.
On his part, Prime Minister Modi tweeted: “Delighted to meet you @ChuckRobbins and good to see @Cisco harnessing the wide range of opportunities available in India”.
Cisco to Manufacture in India for $1 Billion in Exports and Domestic Production
India is a key market for Cisco, and it has its second largest R&D centre outside of the US. This R&D centre is a vital part of Cisco’s global strategy, as it helps the company stay ahead of the competition by developing new products and solutions. India is also an important market for Cisco because of the country’s rapidly growing economy and its large population.
At the meeting, Robbins also outlined Cisco’s plans to manufacture products for the Indian and global markets with NITI Aayog’s CEO, B.V.R. Subrahmanyam.
Great to meet B.V.R. Subrahmanyam, CEO of @NITIAayog and discuss Cisco’s plans to manufacture products for Indian and global markets as well as our commitment to #cybersecurity, #skilling and promoting #entrepreneurship in India.
He also discussed the company’s future plans with Telecom Secretary K. Rajaraman during a meeting.
Great meeting with India’s Telecom Secretary K Rajaraman today! Exciting plans to manufacture in India for India and the world were discussed. It was inspiring to hear about India’s efforts in #5G and rural broadband across the country.
Cisco has been working in India for over two decades, and has been a driving force behind the country’s digitisation. They have helped to digitise key sectors like transport and agriculture, and have also worked to build a skilled workforce through their Networking Academy programme.
“The digital economy is booming in India, and Cisco is committed to continuing its partnerships with businesses here,” said Robbins.