Cisco To Increase Headcount To 10,000 In India

The company is also on target to invest $1.16 billion in the country.

hidden October 30, 2007 11:22:40 IST
Cisco To Increase Headcount To 10,000 In India

Cisco Systems would be increasing its headcount in India to 10,000 by 2010. The company is also on target to invest $1.16 billion in the country, said chairman and CEO John Chambers.

The $35-billion company announced in 2005 that it would be spending $1.16 billion in strengthening its presence here and ramping up its employee strength.

Chambers also indicated that almost 20% of the firm's higher management team would be based in India by 2012.

Chambers said the company is bullish about India due to its huge educated talent pool coupled with a business environment that enables long-term strategic partnerships.

"We came here because of the talent coupled with an entrepreneurship that has the ability to do business and innovate," Chambers, who is currently on a three-day visit to India, stated.

"India and its companies' abilities lie in its ability to partner with global companies and it is now the hottest growth area for us," he added.

IANS

Updated Date:

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply

also read

DHFWS Basirhat Recruitment 2021: Apply for 24 vacancies at basirhathealthdistrict.in
India

DHFWS Basirhat Recruitment 2021: Apply for 24 vacancies at basirhathealthdistrict.in

Candidates eligible for the posts who are interested to apply can register themselves on or before 15 March, 2021

PNB Recruitment 2021: Application process for 111 posts of peon begins; check pnbindia.in
India

PNB Recruitment 2021: Application process for 111 posts of peon begins; check pnbindia.in

Candidates can apply for PNB Peon recruitment 2021 till 4 March for the Haryana division. The last date to apply for the recruitment varies by division

BRO Recruitment 2021: Notification for filling up 459 vacancies in various posts released
India

BRO Recruitment 2021: Notification for filling up 459 vacancies in various posts released

The last date to apply for the posts in General Reserve Engineer Force is 4 April