Further details are emerging of Cisco’s plans in India. The Hindu today reports that the networking giant expects to double its headcount in the country by 2010. At the end of Cisco’s fiscal second quarter this year, its headcount in India reached 2,800 employees, according to The Hindu.
Ranajoy Punja, Cisco India and SAARC Vice President (Business Development), is quoted as saying:
“We are a global company and Cisco is serious about India. The company has set up the Cisco Global Development Center in Bangalore, a software development center, which is the largest out of the US.”
The Hindu reports that India is part of Cisco’s A-PAC region, which contributes 11% of the company’s global revenue. Since it first landed in India, Cisco has opened seven offices spread across the country.
The Bangalore development center was first discussed last month, and is reported to be the first new business unit to be based outside the United States. It will focus on intelligent infrastructure. The company already has a $50 million Globalization Center in India and has stated that it will pump $1.1 billion in the country, $750 million of which will be dedicated to the Bangalore facility.
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