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January 10, 2001
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Cisco chairman John Chambers to launch Indian Internet initiative

The head of US-based Cisco Systems, John Chambers, will arrive in the Indian capital on January 15 to launch a new information technology programme with the Indian government.

Cisco is the world's leading Internet infrastructure provider.

"On his India trip, John will highlight how we can apply what we have learned in business to all aspects of society through the Internet to positively change people's lives," said Manoj Chugh, president of Cisco Systems South Asia.

The visit by Chambers follows several high-profile trips in the last six months by heads of US corporations, including Microsoft's Bill Gates, GE Group's Jack Welch and Michael Dell of Dell Corporation.

Chambers will meet ministers, senior government officials and Indian industry leaders during his two-day visit.

He spearheaded Cisco Systems' revenue growth from $1.2 billion in 1995 to the current level of $26.1 billion.

Cisco Systems India Private Ltd., a wholly owned subsidiary, currently employs about 500 people in its research and development centre in Bangalore.

The US firm plans to invest $150 million in India over the next two years.

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