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Sunday, January 07, 2007

US major Cisco Systems to shift 20% of top brass to India

New Delhi, Jan 07: Moving ahead from its image as an outsourcing destination of the IT industry, India is now becoming home to top brass of global giants in this space, with US networking giant Cisco Systems planning to shift at least 20 per cent of its top executives to the country.

The company, which has already announced plans to invest over one billion dollars in the country, sees India as a 'big opportunity' to implement its globalization strategy.

Cisco Systems' Chief Globalisation Officer Win Elfrink, who is shifting his base to India later this month, told from San Jose, California: "In the next 2-3 years, every function in the company will have at least 20 per cent of its top executives in India."

The majority of the company's primary business functions including sales, finance, hr, marketing, engineering and customer support will all be represented in India, through its globalization center, as well as in the US, Elfrink said.

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