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Cisco to manufacture from India in diversification move

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NEW DELHI (Reuters) – U.S. tech giant Cisco Systems will set up a manufacturing facility in India as it aims to diversify its global supply chain, Chief Executive Officer Chuck Robbins said on Wednesday.

Cisco, which sells a range of networking equipment and software to connect devices to the internet, in next years is targeting over $1 billion in exports and domestic production combined, Robbins added.

(Reporting by Munsif Vengattil in New Delhi, Editing by Louise Heavens)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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