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Cisco submits $5 billion proposal - 0 views

investment

started by india incorporated on 28 Nov 14
  • india incorporated
     
    American technology giant Cisco is betting big on India and has submitted a proposal to the government as part of the Make in India initiative.

    Cisco has proposed investing $5 billion over the next five years to boost the manufacturing in the country. 

    It plans to set up a production facility with contract manufacturing partners which could manufacture set-top boxes, IP phones, routers, and switching equipment. The company had sought a favourable policy in exchange of this as it expects to create 11000 job opportunities in the country.

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