Cisco Announces New Investments to Expand Its Presence in India and Deepen Its Commitment to Help Drive Indias Digital Transformation - To support Digital India vision, Cisco announces plans to enable manufacturing in India - To support Skill India Cisco announced a commitment valued at USD 20 million to train 120,000 students for jobs in the digital economy - Announces additional USD 40 million investment to mark the next phase of expansion in India
New Delhi, India, June 18, 2015: Today Cisco announced new investments in India, underpinning Ciscos commitment to helping India become a world leader in manufacturing and further fueling the countrys digital transformation. Aligned with Ciscos strategy to invest in emerging countries, Cisco announced new local strategic initiatives, including the move to enable manufacturing in India to support the Digital India vision. As India plays a pivotal role in the companys overall growth, innovation and talent strategy, the company announced plans for direct and indirect investment of up to USD 20 million over the next five years into the Cisco Networking Academy , with an additional USD 40 million for the next phase of expansion in India.
As part of its commitment to helping India become a world leader in manufacturing, Cisco will use its global supply chain expertise to help build and accelerate the manufacturing ecosystem in India. Ciscos diverse global supply chain operations, deep understanding of highly complex manufacturing processes and leadership in the Internet of Everything (IoE) has helped the company become a global leader in highly complex manufacturing. To help accelerate the development of Indias electronics manufacturing ecosystem, Cisco will organize the Cisco Design and Innovation Conference in Bengaluru in February 2016, to bring together over 75 of Ciscos key suppliers and partners to drive collaboration on product development and IoE enabled supply chain technology.
As part of Ciscos commitment to accelerating Indias digital transformation, the company will expand the Cisco Networking Academy program to help India increase its pool of highly skilled technology professionals. The Cisco Networking Academy in India is one of the largest programs for Cisco worldwide. Across 198 academies nationwide an approximately 100,000 Indian students have been trained since its inception. The skills-development program is a cloud-delivered, scalable, high-quality program that helps students learn how to design, build, secure and maintain computer networks. Supporting the governments vision to help Indians acquire the skills necessary for 21st century jobs, Cisco will contribute up to USD 20 million, in direct and indirect investment, to train an additional 120,000 students in India by 2020.
Cisco also announced an USD 40 million investment towards the expansion of its India facility. Spread over 4 million square feet, and designed as a campus-as-a-city for thousands of Cisco employees to work, play and learn, the Cisco Smart City is a spectacular showcase of the future of smart and connected communities in India.
Under the India Innovation Theme, Cisco has helped create a vibrant ecosystem catering to the needs of a rapidly digitizing India. With over 25 direct and indirect investments, Cisco is collaborating with entrepreneurs across India to discover and accelerate the creation and adoption of disruptive technologies as well as new business models around IoE.
SUPPORTING QUOTES
John Chambers, Chairman and CEO said, We are investing big in India. I have deep admiration for the country, as it truly understands the importance of digitization and the impact it will have. We came to India for the quality of the workforce. We invested in innovation, which is now transforming industries. Cisco is committed to partnering with Indias government to translate the Digital India vision into reality. I believe that Indias entrepreneurial spirit, highly skilled workforce and supportive government will accelerate the countrys digital transformation.
Chuck Robbins, incoming CEO said, The Indian governments vision for a Digital India is truly transformative and will create huge opportunities for the country and its citizens. Cisco believes our renewed local investments, global expertise, and world-class innovation will accelerate the governments vision to create sustainable competitiveness and prosperity. We are deeply committed to partnering with India to achieve their digital vision.
Dinesh Malkani, President, Cisco India and SAARC said, The governments Digital India vision will unleash huge opportunities, revolutionizing the way we live, work, play, and learn. Todays announcements underscore Indias strategic importance to Ciscos global operations particularly as an innovator in the next wave of the Internets development. Cisco has made significant investments in India since we established operations in the country in 1995 and todays announcement will lay the foundation for the next chapter in Ciscos development in India.
CISCO LINKS:
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. An integral part of the companys DNA lies in creating long-lasting customer partnerships, working with them to identify their needs and providing solutions that support their success. John T. Chambers is the Chairman and Chief Executive Officer of the $48.6 billion company which has over 73,000 employees globally. For more information about Cisco, visit http://www.cisco.com.
For ongoing news, please go to http://newsroom.cisco.com. Cisco products are supplied in India & SAARC by the channel partners of Cisco Systems International B.V., a wholly owned subsidiary of Cisco Systems, Inc.
Cisco and the Cisco
Most recent headlines
17/02/2025
TVBEurope talks to the team who brought a piece of broadcasting history back to life on BBC Wales last night
By Jenny Priestley
Published: February 14, 2025 ...
17/02/2025
Eligible studios will receive the relief directly from their local authorities, with no need to submit a claim
By Matthew Corrigan
Published: February 17, 20...
17/02/2025
As DEI initiatives come under pressure in the USA, supporters of Rise, which promotes diversity in the media and entertainment sector, discuss the continuing im...
17/02/2025
EIB Global loan will partially fund SES's continued O3b mPOWER medium earth orbit (MEO) fleet expansion enabling additional capacity worldwide. O3b mPOWER s...
15/02/2025
At Nielsen, Business Resource Groups (BRGs) play a critical role in nurturing a ...
15/02/2025
Innovation to empower creativity: Explore the latest in Lightroom
Rob Christensen February 15, 2025
0 Comments
Whether you want to remove distracting ...
15/02/2025
Wisycom, a worldwide leader in RF technology and provider of wireless solutions, announces a new distribution agreement with EQUAPHON. An Argentinian profession...
15/02/2025
DPA Microphones, the leading manufacturer of high-quality microphone solutions, is pleased to welcome Nicholas Nick Mariano and Vincent Vince Divine to the ...
15/02/2025
Tuxera, a leading provider of quality-assured file systems and networking solutions, will showcase how Tuxera Fusion SMB enables unprecedented performance for m...
15/02/2025
Bitmovin's latest Video Developer Report indicates an increasing role of AI, the slow adoption of next-generation codecs, and continuing challenges when it ...
15/02/2025
When Michelin Enterprises set out to promote its prestigious Hotel Guide in the new Sleepless in the Kitchen , campaign, veteran German/Slovenian gaffer Robert...
15/02/2025
Formula E, the world's first all-electric racing series, revolutionizing motorsport with cutting-edge technology and a commitment to sustainability has sele...
15/02/2025
Agile Content, a global leader in TV and video technology solutions, announces its rebranding to AgileTV.
The transition to AgileTV stems from a commitment to ...
15/02/2025
Hiltron Communications will promote the latest additions to its range of satellite communication products, systems and supporting services at GovSatCom 2025. Th...
15/02/2025
Following the success of the original Airglow Booklight, DoPchoice debuts a new addition to their inflatable line the Float. This lightweight, inflatable, round...
15/02/2025
LAS VEGAS Marshall Electronics has announced that it will debut its newest camera controller, the RCP Plus, at the 2025 NAB Show at Booth N2649 between April 5 ...
15/02/2025
ATLANTA Gray Media has named Blake Sebo as the next general manager of KTUU and KYES, Gray's NBC and CBS affiliates in Anchorage, Alaska....
15/02/2025
KOKKEDAL, Denmark DPA Microphones will feature its new CORE+ technology for distortion-free microphone sound at the 2025 NAB Show, April 5-9, in Las Vegas....
15/02/2025
SWANSEA, U.K. QuickLink will launch StudioPro-NDI and StudioPro-3, two new models of its QuickLine StudioPro video production platform, at the 2025 NAB Show, Ap...
15/02/2025
Live From 2025 NBA All-Star Game Weekend: After 25 Years, Turner Sports All-In F...
15/02/2025
NASCAR Driver Cam on Max Embraces Cloud-Based Workflow for 2025 Season Chris Brown of WBD Sports says Mobii will play key part in delivering signals from the tr...
14/02/2025
Last month, we officially launched the Spotify Partner Program, a powerful new m...
14/02/2025
From an island off the coast of Lutruwita to the global stage in France SBS & ...
14/02/2025
The future of electro-optical/infrared (EO/IR) land systems is evolving so that ...
14/02/2025
Here are 5 reasons why you should attend ISE 2025
Discover more about Calrec: Learn more about Calrec's legacy of innovation in broadcast audio solutions ...
14/02/2025
World Radio Day: On the same wavelength
By Graham Murray, International Sales Manager at Calrec
To mark World Radio Day, Calrec's International Sales Ma...
14/02/2025
DALLAS and TYSONS, Va. Tegna has concluded a broadcast rights agreement that makes Tegna's KFAA in Dallas the exclusive local television partner of the Dall...
14/02/2025
Amazon's Prime Video has released a new app for Apple TV that the streamer said delivers an improved streaming experiences with faster scrolling, improved s...
14/02/2025
CLEVELAND Telos Alliance announced a software update for its Axia Quasar XR and SR line of audio-over-IP (AoIP) mixing consoles and will show the offering at th...
14/02/2025
Puget Systems Returns to HPA Tech Retreat 2025 with New Analysis Tools for Puge...
14/02/2025
Glass Animals: Tour of Earth Uses Blackmagic Live Production Workflow
Brie Clayton February 14, 2025
0 Comments
80six deploys Blackmagic URSA Broadcas...
14/02/2025
A dispute between Paramount and Youtube TV that would have pulled CBS stations and Paramount's cable channels from the streaming service has been temporaril...
14/02/2025
Colourist Deidre (Dee) McClelland details how she helped shape the distinct look and feel of whimsical Oscar-nominated stop-motion film, Memoir of a Snail
By C...
14/02/2025
BitFire said it intends to introduce forward-looking services that simplify the launch of live production workflows, and enhance real-time collaboration
By Jen...
14/02/2025
The claim by the liquidators is the latest twist in the ongoing saga of the companys collapse at the end of 2021
By Matthew Corrigan
Published: February 14, ...
14/02/2025
A carriage dispute between YouTube TV and Paramount could come to a head today (Feb. 13), with the virtual pay TV provider threatening to pull all of the progra...
14/02/2025
ENGLEWOOD CLIFFS, N.J. LG Electronics USA has opened a new in-house, state-of-the-art virtual production studio at its 360,000-square-foot North American headqu...
14/02/2025
NEW YORK In a bid to help local broadcasters find new ways of monetizing their content, the Coalition for Innovative Media Measurement (CIMM) and TVB have relea...
14/02/2025
WASHINGTON Three Democratic U.S. Senators have sent a stern letter blasting FCC Chair Brendan Carr for the weaponization of the agency for attacking broadcast...
14/02/2025
Years after launching the streaming service Apple TV+ in November of 2019, Apple has finally released a version of its steaming app for Android devices....
14/02/2025
FOOTHILL RANCH, Calif. Red Digital Cinema will make its V-RAPTOR [X] and KOMODO-X camera systems available with Nikon's premier Z Mount, providing filmmaker...
14/02/2025
DAYTONA, Fla. The Fox Sports production of this year's Daytona 500 will see the addition of a few new tech elements and the continued unfolding of the broad...
14/02/2025
Watch Bryson Battles Blind Audition on The Voice Get a Four-Chair Turn Michael Bubl said the Boston Conservatory at Berklee musical theater senior might have...
14/02/2025
2025 Daytona 500: FOX Sports Looks To Ride Super Bowl LIX Momentum Into NASCAR S...
14/02/2025
14 Feb 2025
VEON's Kyivstar and the Come Back Alive Foundation Raise USD 2....
14/02/2025
Max Renews THE PITT, Starring Noah Wyle, For A Second Season
Max
Warner Bros. Television Group
The Pitt
New Episodes Of The Medical Drama From John...
14/02/2025
This year, Technicolor proudly celebrates 110 years of shaping the magic of cinema pioneering color, visual effects, and innovation that bring unforgettable l...
14/02/2025
NBA All-Star: More Games, More Teams, More Music, More Sound From the Court Turner Sports' team will deploy familiar tech to capture all the audio By Dan D...
14/02/2025
LIV Golf Continues To Innovate With Drones, Data-Driven Graphics, and All-Access...
Cisco Announces New Investments to Expand Its Presence in India and Deepen Its Commitment to Help Drive Indias Digital Transformation - To support Digital India vision, Cisco announces plans to enable manufacturing in India - To support Skill India Cisco announced a commitment valued at USD 20 million to train 120,000 students for jobs in the digital economy - Announces additional USD 40 million investment to mark the next phase of expansion in India 
