Monday, December 13, 2004

India on Cisco's priority list

After a year of breakaway success, Cisco India is looking forward to repeating its 2004 performance in 2005. The last quarter of 2004 has seen Cisco enjoying a growth of cent per cent. The investments that the company had made into the Indian market, coupled with continued innovation and use of advanced technologies, are generating record results, say Cisco officials. And India is amongst the top-three strategic markets for Cisco worldwide, they add.

"We have announced a strategic roadmap to drive the next wave of growth in the enterprise and telecom markets in India. India contributed to top 3 deals from Apac that closed in 2003-04," said Cisco Apac president Gordon Astles. The deals were with SBI and VSNL. Cisco connected 4,200 SBI branches countrywide and installed more than 6,000 IP phones.

With VSNL, Cisco signed a Rs 500-crore broadband network deal to enable Tata Indicom's integrated voice, data and video services. "We believe broadband is the next wave in India. Our new products will address this market," he said. Cisco has shipped more than 50,000 IP phones to India and is bullish about the future.

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Read the complete story here.

Courtesy : The Times of India.

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