Transition to being a software-centric entity cited as reason; firm has already started announcing early retirement packages
Company's CEO Chuck Robbins termed India as one of its best bases
Cisco LaunchPad is designed to help start-ups, its authorised channel partners and developers scale up their solutions
With the new Pune center, India will be the only country in the world where Cisco will have two global delivery centers
This include $40 million to fund early-stage and growth-stage companies in India and train 250,000 students by 2020