Cisco to triple headcount in India to 10K by 2010

John Chambers said Monday that Cisco plans to scale-up its headcount in India to 10,000 by 2010, reports the Rediff news. Cisco currently employs about 3,000 there. In December, the company selected India as the site for its Cisco Globalization Center East. The campus in Bangalore, which will house the 3,000 employees, will be inaugurated today. In addition to increasing headcount, Chambers said that Cisco will shift 20 percent of its upper management staff, across all functions, to India. It will pour $1.1 billion into the area, too. The investment is slated to include $750 million on research and development, $150 million on Cisco capital, $100 million on venture capital, $100 million on expanding customer support and $50 million on campus in Bangalore.

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