Chief Executive Officer Chuck Robbins announced on Wednesday that Cisco Systems will start producing in India as part of an effort to diversify its global supply chain, with a goal of $1 billion in domestic production and exports over the following several years.
Although Cisco, a company that sells a variety of networking hardware and software used to link devices to the internet, did not disclose the amount of the investment, it did say that it will meet the rising demand from Indian clients and enhance supply chain capabilities.
