New Delhi, Aug 2: Cisco Executive Chairman John Chambers says it was wrong to replace American workers by bringing in software professiols from abroad, cautioning “we have to be careful not to misstep” when it comes to H-1B visa. “You cannot go in and take a whole bunch of H1-B visas and displace American workers because you can do it at lower costs. That was just a mistake. We have to focus on investment,” Chambers told a group of jourlists at a roundable here.
Indian tech giants like Infosys and Wipro have recently decided to ramp up hiring local talent in America after President Dold Trump asked tech companies to manufacture and hire more in the US. Chambers, however, said Cisco was committed to invest and hire more in India as well as in the US to help enhance the strategic partnership between the two tions.
“India is a great, great market to invest. It has well-educated resources and that makes it easy for companies to do business and manufacture here. The progress has been good but we have to move faster,” Chambers said in response to question by IANS during a select roundtable here. “Same is with the US. It is a win-win situation for both countries. Our two countries working together can benefit nearly 303 million people in the US and nearly 1.3 billion people here. We can grow much faster together as we have common goals,” Chambers added. In India, Cisco — which began operations in the country in 1995 — saw profits grow 340 per cent in the 2016 fincial year on the back of Smart City initiatives and its partnership with Reliance Jio.
Cisco employs almost 12,000 people across its various centres in New Delhi, Mumbai, Bengaluru, Cheni, Pune, Kolkata, Hyderabad and Gurugram. “If Cisco grows in India, it grows in the US too,” Chambers said. In November last year, Cisco CEO Chuck Robbins had said that the networking giant is engaged with state governments at various levels to digitally transform 14 cities with the help from its partners and “wished to take this number to 100 in the next five-seven years. To further deepen business ties between India and the US, a new representative body called the US-India Strategic Partnership Forum (USISPF) is being set up and Chambers is on its board of directors. According to Chambers, the USISPF would help build stronger and meaningful business relations between the two countries. (IANS)