Cisco's India head Rangu Salgame resigns
Bangalore: Rangu Salgame, Cisco Systems' chief for India and SAARC operations, has resigned. No reasons have been given for his exit. Cisco said that David Caspari, vice-president of service provider operations in the Asia-Pacific, would become the acting President of Cisco India. The company is said to be searching for a permanent replacement for Salgame. Caspari would continue to report to Owen Chan, Cisco's president for Asia-Pacific operations.

Cisco has registered significant growth under Salgame's leadership and has been growing at over 40 per cent year-on-year in India, one of the fastest growing markets for the networking major. It is estimated that the company's revenues stood well over Rs 3,000 crore in 2005. In October 2005, the company announced it would invest over $1.1 billion in India over a three-year period in recognition of the country's rapid development, both as a market and a centre of research and development.
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