Cisco to invest $800-m in Bangalore

BANGALORE: Networking major Cisco would be pumping in a whopping $800 million in Bangalore over the next two years.

Announcing this at a press briefing, Shankarlinge Gowda, Karnataka's IT secretary, said that the company would pump in $750 million into its new R&D campus in Bangalore and around $50 million in the center's infrastructure.

This investment is part of the $1.1 billion investment package announced by John Chambers, Cisco's head honcho last week. The company plans to triple its existing head count from the current 1400 by 2008.

Chambers also said that the company is also considering India as a manufacturing base.