Cisco Bets Big On Make In India, Smart Cities
U. S. based networking company Cisco has unveiled major expansion and ‘Make in India’ plans in the country. In a bid to make India a major export hub, Cisco has announced to commence its manufacturing facility in Pune. With the move, India will be the 12th country to house Cisco’s manufacturing unit outside U.S.
“Cisco has 360 degree engagement in India. We believe that there is a huge opportunity in the electronics manufacturing in India. Cisco has shown a robust growth in this space. Our aim is to connect 1.2 billion Indians through a digital medium and we will continue to make investments in India”, said Dinesh Malkani, President of Cisco, India and SAARC.
Cisco will use the India manufacturing operations to produce and ship orders for customers in India, as well as for testing, development, logistics and in-house repair capabilities. While Malkani did not disclose the investment details and number of jobs that will be created, it said the move will help further drive its strategy of having a presence across development, sales and now manufacturing in India. The first customer shipment will be in early 2017.
Cisco’s CEO Chuck Robbins said that adding manufacturing to India operations would create a unique capability for Cisco in India. “ In India we have made significant investments across the verticals. We have a great team of engineers here in the country. We will continue to invest into technology innovations”, he said.
India is one of the fastest growing markets for Cisco globally. With about 11,000 of its 73,000 people worldwide located in India, the country is the second largest site for the company. With 20 per cent growth in its business last year, the US-based firm is actively participating in various government initiatives like Digital India, Make in India, Smart Cities and Skill India.
Cisco is also partnering with the Maharashtra government to roll out smart city solutions in Nagpur to enable city-wide network connectivity, smart and secure Wi-Fi hotspots and smart safety and surveillance solutions.
According to Robbins, Cisco is currently engaged in 14 smart city projects in India. Besides, the company also plans to establish up to 25 Cisco Networking Academies in the state to train about 10,000 students by 2020. Cisco is also collaborating on the state-wide rollout of broadband infrastructure to accelerate the Digital Maharashtra vision.
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