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Cisco plans to invest $1.1 billion in India...
 

Cisco Systems Inc plans to spend $1.1bn to boost the networking-equipment maker's operations in India. Of that amount, $750m will be used to finance research and development at a Bangalore-based facility. According to John Chambers, Cisco's chief executive, the company may expand the number of its employees in India by 200% from its current workforce of 1,400.

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