Cisco Announces $100 Million Investment Plan to Accelerate Country Digitization in India
Deepen Commitment to Start-Up India' & Skill India' vision; target training 250,000 students by 2020
Drive the digital transformation of states and innovation in smart cities, the Internet of Things and cyber security: Open 6 Innovation Labs and 3 Centers of Expertise
New Delhi, India, March 18, 2016 - Cisco today announced a planned series of strategic investments in India that will total over US $100 million including US $40 million to fund early-stage and growth-stage companies in the country and train 250,000 students in India by 2020. Supporting the next phase of the countrys digitization plans, Cisco will collaborate closely with state governments in India on strategic initiatives including the addition of 6 new innovation labs, 3 centers of expertise, funded university collaborations and skills investments. Cisco made the announcement in the presence of John Chambers, Executive Chairman, Cisco; Irving Tan, President, Cisco Asia Pacific & Japan; and Dinesh Malkani, President, Cisco India and SAARC. The new activities form part of Ciscos global Country Digitization Acceleration or CDA program, whereby select countries across the world receive major strategic investment to accelerate existing government goals for driving economic growth through high-tech innovation.
Expansion of commitment to Skill India' vision: enable skills and education for a digital economy
Cisco doubled its plan to help Indian students acquire the skills necessary for 21st century jobs. By combining technology and education, Cisco has set a goal of creating a pipeline of 250,000 skilled students in India by 2020 and a marketplace for high value technology based careers. As part of Ciscos commitment to accelerate Indias digital transformation, the company will expand the Cisco Networking Academy program to help India increase its pool of highly skilled technology professionals and expand its accessibility to education, research and technology. The Cisco Networking Academy in India is one of the largest programs for Cisco worldwide. Across 176 academies nationwide, over 110,000 students have been trained since its inception through arrangements with educational institutions, public sector agencies, and nonprofit organizations. The skills-development program is a cloud-delivered, scalable, high-quality program that helps students learn how to design, build, secure and maintain computer networks and prepare for jobs in the digital economy.
Renewed commitment to Start-Up India' vision and the innovation ecosystem: increased allocation of funds
Long an active equity investor in India, Cisco has made significant strategic investments in growth stage companies in the country. Today's financial commitment includes an allocation of US $40 million to promote the growth of early-stage and growth stage companies, marking a new phase of support for innovation in India and aligned to the countrys digital transformation agenda. Cisco's focus will be on next generation technologies such as security, cloud, and the Internet of Things as well as digital plays in smart cities, financial services, healthcare, e-governance. Cisco's strategy is to have an active role at all stages of start-up development, from identification, creation of incubators and accelerator programs, to directly and indirectly funding the most promising digital start-ups across India. Cisco will provide the opportunity for companies and the innovation ecosystem to build businesses, innovate and go global with digital solutions.
Accelerate the digital transformation of states and expand opportunities for its citizens
As part of today's announcement, Cisco intends to launch 6 innovation labs, 3 centres of expertise and funded university collaborations, across select states in India, that offer opportunities for diverse groups of entrepreneurs, start-ups, accelerators, developers, researchers, ecosystem partners and the venture community to build businesses and innovate in digital technologies, smart cities and the Internet of Things. Cisco's vision is to combine the best of academia with real-world collaborations to create a virtuous cycle of innovation that will accelerate the digital transformation of states and help shape the success of India.
Cisco plans collaboration with states that are committed to embracing and planning for digitization in order to improve their economies, their citizen experience and overall wellbeing. Cisco is the leading technology provider and business partner helping states and cities become digital hubs of innovation by building sophisticated and forward-thinking IT network ecosystems that allow for greater connectivity, productivity, and security. Through the digital transformation of states, Cisco will work with governments and businesses to grow GDP, create new jobs, train the future workforce, build smart cities, develop new business models and enable better quality of life for residents and more satisfying experiences for visitors. Cisco is also looking to collaborate with the public sector and contribute to large-scale transformation projects such as smart cities as well as education, and healthcare.
SUPPORTING QUOTES
John Chambers, Executive Chairman, Cisco said, Digitization goes beyond connectivity. The impact of digitization is far-reaching, helping countries maintain global competitiveness, foster innovation and create jobs. Education and Internet are two equalizers in life. With our increased investments in education and innovation, we are harnessing the power of technology to launch a generation of problem solvers who will innovate like technologists, think like entrepreneurs and act as social change agents.
Irving Tan, President, Cisco Asia Pacific & Japan, said, Innovati
Most recent headlines
06/10/2025
France T l visions, France's leading broadcaster, has received the 2025 EBU ...
04/09/2025
Monumental Sports & Entertainment (MSE), in collaboration with Dalet, has been a...
30/08/2025
WASHINGTON The Federal Communications Commission has adopted its FY 2025 Regulatory Fees Order that establishes the regulatory fee rates for the broadcast stati...
29/08/2025
Australian Red Cross and SBS launch training to help workplaces in the fight aga...
29/08/2025
The National Film and Video Foundation (NFVF), an agency of the Department of Sp...
29/08/2025
L3Harris Technologies has concentrated decades of expertise across the entire enterprise to develop affordable and reliable best-of-breed solutions to rapidly c...
29/08/2025
BURBANK, Calif. The CW Network and the Pac-12 Conference have announced a new media rights deal that will extend their broadcast partnership beginning with the ...
29/08/2025
NEW YORK Gracenote has released a new analysis of its global video dataset showing that the number of FAST channels grew nearly 14% from Q1 2025 and 76% since 2...
29/08/2025
SAN JOSE, Calif. Harmonic has announced a series of improvements to its live sports streaming solution that the company said will improve fan engagement, protec...
29/08/2025
NEW YORK and LOS ANGELES Fox Corp. and YouTube TV last night announced a renewal of the full portfolio of Fox networks, including Fox News Channel, Fox Business...
29/08/2025
Budapest, Hungary, August 2025 - The integration of Microsoft Teams Rooms (MTR) with Lightware's Taurus universal matrix switchers delivers a new level of f...
29/08/2025
Frequency, the engine behind many of the world's best-known streaming television channels, today announced it will launch Studio Live, a next-generation uni...
29/08/2025
In an era when AI and cyber resilience are essential, Scality will mark the 10th anniversary of Scality Day on October 16, 2025 in Paris. This flagship global e...
29/08/2025
Disguise's In-House Creative and Technical Teams Pre-Visualised, Programmed and Delivered Content for the Experience, All Powered by EX 3+
Technology solu...
29/08/2025
Disguise will be demonstrating the latest workflows for TV, film and live events on a number of partner booths at the show
Disguise, the industry-leading tech...
29/08/2025
STOCKHOLM, Sweden Accedo will showcase Accedo Compose, its AI agent-powered modular orchestration layer that assists streaming providers in transitioning client...
29/08/2025
LOS ANGELES Cineverse has announced that it is working with Xperi to bring four of its streaming channels to automobiles for the first time as part of the DTS A...
29/08/2025
DALLAS & ATLANTA Gray Media has announced an agreement with the sports streaming service Victory+ to simulcast 17 Dallas Stars NHL games in 15 television market...
29/08/2025
NEW YORK AND CULVER CITY Comcast NBCUniversal and Amazon have announced new and extended distribution agreements that will expand the content available on their...
29/08/2025
FOOTHILL RANCH, Calif. RED Digital Cinema will feature its Cine-Broadcast Module supporting live broadcast workflows during IBC2025, Sept. 12-15, at the RAI Ams...
29/08/2025
29 Aug 2025
Kyivstar Rings Opening Bell at Nasdaq Marking Landmark Listing and ...
29/08/2025
More than half of all NFL games live on Sky for the first timeFriday 29 August 2025
Sky Sports has announced a new three-year deal with the NFL, extending its ...
29/08/2025
Back to All News
RIV4LRIES: The Trailer of the New Series With Samuele Carrino ...
29/08/2025
Get ready for an inspiring and emotional insight into the world of competitive Irish dancing with My Story: Tomi Champion of the World airing on RT 2 this monda...
29/08/2025
RT has today announced that David McCullagh is to be the new presenter of RT Radio 1's flagship Today programme, which airs every weekday at 10am, replaci...
28/08/2025
By Kristin Feeley, Director, Documentary Film & Artist Programs
If you want to tell untold stories, if you want to give voice to the voiceless, you've got ...
28/08/2025
Directed by Steven Bognar and Julia Reichert, Sundance Institute-supported Amer...
28/08/2025
Corridos have been a cornerstone of M sica Mexicana for generations, telling stories rooted in everyday life. Now, a new chapter is taking shape: motivational c...
28/08/2025
Los corridos han sido un pilar de la M sica Mexicana durante generaciones, contando historias enraizadas en la vida cotidiana. Ahora, un nuevo cap tulo est tom...
28/08/2025
Earlier this month, we promised our Verano Forever party would bring the heat, a...
28/08/2025
L3Harris will provide the Polish F-16V fleet with the Viper Shield electronic warfare system as part of an upgrade program....
28/08/2025
Bilbao, August 26, 2025 - AgileTV, an international television and video technol...
28/08/2025
Ken Wilkinson is an Emmy Awards nominated New York audio engineer who specialises in production sound mixing for film, commercial, episodic and documentary work...
28/08/2025
NEW YORK FuboTV today announced that it will launch Fubo Sports, a skinny bundle that focuses on sports with a subscription price of $56 monthly....
28/08/2025
NEVADA City, Calif. At IBC2025, Sept. 12-15 at the RAI Amsterdam, Telestream will debut its new Global Ingest strategy, introducing a next-generation ingest arc...
28/08/2025
Dr. Rhoda Bernard Releases Groundbreaking Debut Book on Accessible Arts Educatio...
28/08/2025
TAG Video Systems, the leader in software-based IP end-to-end workflow monitoring, deep probing, and real-time visualization, has named Oliver Gappa as Sales Di...
28/08/2025
AI-based voice enhancement will be among a series of innovations making their IBC 2025 debut on the DHD stand B46 in Hall 8 at the RAI Amsterdam Convention Cent...
28/08/2025
Telef nica Servicios Audiovisuales (TSA), the leading system integrator and service provider in the media sector in Spain, with the support of Appear, the globa...
28/08/2025
To fully immerse sailing fans in the world's biggest offshore yacht race, production company, Optical Media turned to LiveU's On-site Production solutio...
28/08/2025
Working with Calrec on its most recent overhaul, radio and television broadcaster, WNED has migrated to a fully IP infrastructure with multiple Type R consoles,...
28/08/2025
Cleeng, the Subscriber Retention Management (SRM ) inventor, has unveiled Cleeng Pro, the first-ever direct-to-consumer (D2C) subscription management platform t...
28/08/2025
Zixi, the industry leader in live broadcast-quality video over IP, today announced that French media distribution platform OKAST has selected Zixi to enable rel...
28/08/2025
Solution offers a streamlined, speaker-free architecture to optimize integration with premium external loudspeakers and advanced loudness metering
Nixer Pro Au...
28/08/2025
Cinegy, the premier provider of software-defined television technology, has announced a strategic partnership with Vision One Touch Film Production Services L.L...
28/08/2025
Telestream, a global leader in media workflow technologies, will debut its new Global Ingest strategy at IBC2025, introducing a next-generation ingest architect...
28/08/2025
Tier 1 operator selects Broadpeak to power high-performance, unified CDN solution across Norway, Sweden and Finland
Broadpeak, a leader in streaming and moneti...
28/08/2025
Leading video software provider, Synamedia, today announced that 24 Frames Digital, one of India's leading live event streaming service providers, has chose...
28/08/2025
Meet VisualOn at IBC2025: See What's Next in AI-Powered Video Streaming Join VisualOn at IBC2025 and discover how our AI-driven Optimizer and advanced media...
Cisco Announces $100 Million Investment Plan to Accelerate Country Digitization in India
