Computer networking major Cisco Systems is planning
to set up a manufacturing base in India, for some of
its mainline products like routers and switches.
The San Jose, California-based company dominates the
networking market in core technologies of routing and
switching as well as WLAN and network security worldwide.
"The only thing we have not got here is manufacturing.
We will talk about it in the evening. The company had
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. India, he said,
is a strategic market and Cisco has its largest R&D
centre in the country.
who met minister of information technology and broadcasting
Dayanidhi Maran after the meeting is expected to have
discussed the company''s manufacturing plans with him.
The $30 billion dollar Cisco is a market leader in 10
of the 12 product segments in networking worldwide.
It is also among the most aggressive companies in the
merger and acquisition front. Chambers, however, has
his India plans under wraps.
is likely to set up a facility in the South for manufacturing
some of its products. Cisco Capital, a $100 million
venture fund, the company already holds close to 16
per cent investment in Bharti group manufacturing company
Bharti Teletech, which makes telephones and some low-end
also has a one-million square foot, 3,000 people campus
in Bangalore for R&D, IT, sales and customer support.
The company is spending approximately $50 million on
this new, integrated campus, expected to be completed
by June 2007.
also has joint development centres with Wipro Technologies
and Infosys Technologies in Bangalore, HCL Technologies
in Chennai and Zensar Technologies in Pune. Cisco has
seven sales offices in India.