BANGALORE: Networking giant Cisco Systems Inc said on Thursday it would be
investing $150 million to expand its technology development center in India over
the next two years.
"This will be Cisco's second largest research and development (R&D)
facility globally and the largest outside the US," said Cisco, Enterprise
Line of Business vice-president and general manager Jayshree Ullal addressing a
news conference in Bangalore.
Cisco officials said the company had already invested $75 million in India
since January 1996. The current announcement relates to fresh investments, they
said.
The R&D facility will be based in Bangalore.
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