Business   

Cisco hints at setting up plants

Showcases Cisco Telepresence solution

NEW DELHI: Global data networking company, Cisco Systems, on Wednesday hinted at setting up manufacturing plants in India, which will include some of its mainline products such as routers and switches.

"The only thing we have not got here is manufacturing. The company has committed $1.1 billion investment in November last year. So Far in India we have presence in R&D campus, R&D resources, Cisco Capital, Business development/ventures and service agreement," Cisco Systems CEO and Chairman, John Chambers, said at the CII-CEO forum on Wednesday.

The $30 billion company treats India as a strategic market and its largest R&D centre is in the country. The company dominates the networking market in core technologies of routing and switching as well as WLAN and network security. On being asked if he was looking at India for contract manufacturing of Cisco products, Mr. Chambers, who is on his third visit to the country, said, "India offers opportunity in manufacturing in many areas."

Earlier addressing the forum, he said Cisco was in the midst of a market inflection point that was changing the face of networking. "The network is changing how we communicate, collaborate, entertain and do business."

He showcased to the Indian industry leaders an experience on the Cisco Telepresence solution that creates ``in-person'' experience between people, places and events. "Network is strategic, high-impact communications requirement that is essential to drive business transformation and create real competitive advantage. It is vital for emerging markets like India to take advantage of ICT networks to connect people and transform businesses in ways not previously done."

India, of late, has seen a manufacturing rush though belated. Flextronics, Dell Computers apart from Nokia and Motorola are all manufacturing in India. — PTI

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Detariffing in general insurance notified
Fillip to pure-play health insurance outfits
Pension reform brooks no delay: FM
Cisco hints at setting up plants
Sensex steady
Rupee turns weak against dollar after rise in crude prices
`No fear over iron ore exports'
IOC adopts new technology
Kalam favours free bandwidth
Exchange rates
Bullion rates
Satyam's new ODC for Sony Europe
Rittal opens modification centre
Sun Micro selects Accel as regional partner
IOB signs MoU with International Tractors
LG Shoppe inaugurated in Tirupur
Venture investments in Travelguru
Direct tax collections up 40 p.c.
Heidelberg to move SAT
Panacea buys stake in U.K. firm
JP Morgan invests Rs. 274 cr.

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu