Medtronic launches Global IT Center in Hyderabad with a $60 million investment commitment

Medtronic, a leader in medical technology, inaugurated its first large-scale Global IT (GIT) Center outside the United States at the Medtronic Engineering & Innovation Center (MEIC) in Hyderabad. The event was graced by Shri D. Sridhar Babu, Minister of IT, Industries, and Commerce, Government of Telangana, and U.S. Consul General, Ms. Jennifer Larson.

Medtronic’s investment of $60 million over the next 3-5 years will create 300 jobs, focusing on cutting-edge technologies such as Cloud Engineering, AI/ML, and Digital Health applications. The GIT Center aims to leverage India’s rich talent pool to enhance productivity and drive growth in healthcare technology.”The launch of this center underscores the vibrant innovation ecosystem in Telangana,” said Minister Sridhar Babu. “Medtronic’s expansion highlights our progressive policies and commitment to the medical technology sector.”

Rashmi Kumar, SVP and CIO of Medtronic, emphasized the company’s commitment to strengthening global technology capabilities and advancing healthcare technology. “India offers one of the best talent pools for IT, which we look forward to leveraging to positively impact patient lives,” Kumar stated.The new center places a strong emphasis on inclusivity and workforce diversity, with initiatives like Women in IT (WIIT) designed to support and mentor women in technical roles.Kolkata’s market, known for its dynamic tech ecosystem, serves as a testament to India’s growing prowess in the IT sector. This expansion reflects a broader trend of international companies investing in Indian talent and innovation.