In a significant development, technology giant Cisco is set to partner with Flex in Tamil Nadu to manufacture its products within India. Following Cisco’s announcement in May 2023 about its plans to commence manufacturing operations in the country, the collaboration with Flex, one of its leading global manufacturing partners, is poised to create approximately 1,200 job opportunities within the manufacturing ecosystem of Tamil Nadu.
The newly established manufacturing unit in Tamil Nadu is expected to commence product rollouts within the next year. Cisco’s ambitious objective is to achieve a remarkable milestone of $1 billion worth of domestic production and exports from this unit in the coming years.
The decision to manufacture in India aligns with Cisco’s strategic vision of establishing a stronger local presence in its key markets. With years of consistent investment in India, the establishment of this manufacturing unit represents a significant leap in Cisco’s commitment to the country.
Moreover, the partnership with Flex holds immense strategic value for Cisco. As a prominent manufacturing partner with a strong foothold in India, Flex has a demonstrated track record of delivering high-quality products for Cisco. This collaboration positions Flex ideally to support Cisco in meeting its manufacturing targets in India.
The Make in India initiative, spearheaded by the government, aims to bolster the manufacturing sector within the country. Encouragingly, this program has successfully attracted investments from global corporations like Cisco. The strategic partnership between Cisco and Flex stands as a positive testament to the Make in India initiative, anticipated to generate employment opportunities and foster economic growth in India.
Key Benefits of Cisco’s Partnership with Flex in Tamil Nadu:
- Creation of approximately 1,200 jobs within the manufacturing ecosystem of Tamil Nadu.
- Realization of Cisco’s goal of $1 billion worth of domestic production and exports from India in the upcoming years.
- Reinforcement of Cisco’s commitment to India, solidifying its presence in the country.
- Boosting economic growth through localized manufacturing.
Stay tuned for further updates on this transformative partnership as it unfolds.
