During the Make In India Week, Cisco Executive Chairman John Chambers hinted at a business move to set up first manufacturing plant in India. He said at the CNN Asia Business Forum 2016, “Eighteen months ago, I said if you want to bet on one country, it is India as the country is in sync with the speed of innovation in the current digital age.”
Chambers opined that all companies in the world are moving towards digitization and next 10 years would see eradication of at least 40% non-tech companies. Speaking at the same forum, GE South Asia CEO and President Banmali Agrawala said, “India is a highly innovative place. We’re pressing the pedal on getting digital.” Chambers said that India will soon become a leader in the innovation and leadership field. The new plant in Pune will leapfrog US globally.