Cisco has announced plans for direct and indirect investment of up to $20 million over the next five years into the Cisco Networking Academy, with an additional $40 million for the next phase of expansion in India.
In a bid to expand its presence in India, the company has announced new local strategic initiatives, including the move to enable manufacturing in India to support the ‘Digital India’ vision. On manufacturing front, the networking giant said it will use its global supply chain expertise to help build and accelerate the manufacturing ecosystem in India.
“To help accelerate the development of India’s electronics manufacturing ecosystem, Cisco will organise the Cisco Design and Innovation Conference in Bengaluru in February next year, to bring together over 75 of Cisco’s key suppliers and partners to drive collaboration on product development and IoE enabled supply chain technology,” the company said.
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