Cisco bets on manufacturing in India amid global supply chain crisis
Thursday 11 May 2023
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US networking giant Cisco Systems announced a manufacturing plant in India in an attempt to broaden its global supply chain.
The factory is expected to be operational in 12 months and will generate $1 billion in total revenue including exports, said Cisco Chairman and Chief Executive Chuck Robbins.
“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,” Robbins said in a press conference in New Delhi on Wednesday. “India is a focal point of innovation and business for Cisco, and we remain deeply committed to our partnerships here.”
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