Cisco inaugurates manufacturing facility in Chennai; unit to create 1,200 jobs

Cisco on Friday inaugurated its first manufacturing facility in India at Chennai, setting into motion a multi-year investment plan, as the network equipment maker pledged its commitment to building production capabilities in the country.

With this strategic investment, the company will generate more than USD 1.3 billion annually in combined exports and domestic production, it said adding that the facility is expected to create 1,200 jobs in Tamil Nadu.