Networking gear manufacturer Cisco has in the past tried to set up a manufacturing unit in India twice. But its plan to have a manufacturing footprint in India only came true in 2023. The company gave full credit to the government of India’s various product linked incentive schemes.
Cisco is not the only tech products major to set up its base here. After Cisco’s announcement, HPE said that it will partner with domestic player VVDN Technologies for manufacturing high-end servers in India.
Both firms have also stated that they are expecting significant business momentum from these manufacturing hubs. HPE has said that it aims to make some $1 billion worth of products from VVDN’s plant in Manesar, Haryana in the