How PM Modi has vowed CISCO’s John Chambers!
Jun 10, 2015, 21:04 IST
The Modi leg government has a reason to cheer! After all, tech giant CISCO’s chairman and CEO John Chamber said that the chances of India becoming top emerging country of the BRICS grouping are "extremely good" under Prime Minister Narendra Modi.
The statement was made during a press conference with the new CEO Chuck Robbins. Chambers said this in a joint press conference with the incoming CEO Chuck Robbins. The two are expected to be in India on June 18 and 19.
At present, the BRICS group of leading emerging economies comprises more than a quarter of the world's land mass, 40% of its population and a combined GDP of $24 trillion.
Chambers noted that both he and Chuck are betting big on India. He explained that the fact that PM Modi understands the importance of digitisation, development of smart cities, broadband to every citizen, healthcare, education and job creation to change the lives of the people.
"My views have not changed at all. If I bet on one emerging market that had to be double down on India and we have doubled down,” he averred.
Briefing about his forthcoming visit to India, he said: "We will spend time with key government leaders in India including your top leaders next week... I think your CEOs come together in terms of what Cisco can do with the citizens, with the businesses and with India as a great partner".
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"We made a big bet on India", which has the possibilities and "may be probability of being the very top emerging BRICS country. And being candid, under the leadership of Mr Modi, I think the probabilities of that happening are extremely good," said the outgoing CEO in an ET report. The statement was made during a press conference with the new CEO Chuck Robbins. Chambers said this in a joint press conference with the incoming CEO Chuck Robbins. The two are expected to be in India on June 18 and 19.
At present, the BRICS group of leading emerging economies comprises more than a quarter of the world's land mass, 40% of its population and a combined GDP of $24 trillion.
Chambers noted that both he and Chuck are betting big on India. He explained that the fact that PM Modi understands the importance of digitisation, development of smart cities, broadband to every citizen, healthcare, education and job creation to change the lives of the people.
"My views have not changed at all. If I bet on one emerging market that had to be double down on India and we have doubled down,” he averred.
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Briefing about his forthcoming visit to India, he said: "We will spend time with key government leaders in India including your top leaders next week... I think your CEOs come together in terms of what Cisco can do with the citizens, with the businesses and with India as a great partner".