US technology major Cisco have announced that it will start manufacturing in India as part of the expansion of its footprint in the country, and aims to drive over $1 billion in combine domestic production and exports.
The manufacturing plant will reportedly be set up in Tamil Nadu and will focus on building Cisco’s best-in-class technology, designed to provide flexible, cost-effective delivery of next-generation services and applications and support complex cloud computing environments.
Further, the new manufacturing operation will support the growing demand from customers in India as well as globally and to further strengthen and diversify Cisco’s supply chain.
Also, according to the company, Cisco is focusing on building core manufacturing capabilities in India, including testing, development and logistics, and expanding in-house repair operations. In addition to supporting supply chain resiliency, reducing lead times, and elevating customer experience.
Noteworthy, India is a key market for Cisco and its second largest R&D centre outside the US.
