Cisco plans investment in India - Feedback

Cisco, US networking major has announced its plans to invest USD 100 million over the next 18 to 24 months in India. The series of investments will include USD 40 million that will be used to fund early-stage and growth-stage companies in the country, and train around 250,000 students by 2020.

The rest of the funds will go towards opening six new innovation labs and three centres of expertise, apart from collaborating with universities and making other investments for skill development. The company is also setting up a manufacturing base in Pune to locally make products to “support the Digital India vision” and aims to eventually make it an export hub.

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