John Chambers, Chairman and CEO, Cisco Systems, reiterated Cisco's commitment to India and its intention to continue investing in the country for the long run. Though he did not specify any details, John expressed interest and support for setting up a manufacturing base in India under the government's NEP (New Electronics Policy) for ESDM (electronics systems design and manufacturing) through the preferential market access rule enshrined in the policy.
The rule ensures preferential market access for products developed and manufactured in India for which IPR resides in India to address strategic and security concerns of the Government consistent with international commitments. John pointed out that 70 percent of Cisco's products are made up of software and firmware, a large part of which is already done out of India.
Cisco, with its second headquarters in India, called as the Globalization Center, has been developing new products out of India. Cisco also has joint development centers with Wipro Technologies, Infosys, HCL Technologies, and Zensar Technologies.
Said Wim Elfrink, EVP- Industry Solutions and Chief Globalization Officer, Cisco, "Our product, Cisco ASR 901 Router, developed in India has been used even in developed countries." The product has been awarded the Nasscom Innovation Award 2012 for innovation in creating a unified platform to serve the needs of 2G/3G/4G mobile backhaul and carrier Ethernet applications.