Cisco’s India revenues inch closer to $1 billion dollar mark
As Cisco, the world’s largest computer networking equipment maker, approaches around $1 billion in revenues from India, the company is hoping that increased government spending on technology will keep the momentum going. Cisco has already won three contracts awarded by State Electricity Boards (SEBs) for computerization, each being worth around Rs 200-500 crore. These projects are part of the government’s bigger agenda for computerisation of the power sector by investing nearly Rs 10,000 crore.