In a notable development for the healthcare technology sector in India, Medtronic PLC, Ireland-the UK-based global leader in healthcare technology, has announced a mega-investment of over $350 million (around Rs.3000 crore) to expand Medtronic Engineering & Inn—Center (MEIC) in Hyderabad, Telangana.
Medtronic supports the Telangana Govt. under the Leadership of CM KCR's efforts to position Hyderabad City as a global hub for Healthcare technology research and innovation.
The information came after Medtronic top officials like Mike Marinaro, Executive - Vice President (VP), President Surgical Mani Prakash, VP Enterprise R&D, and other senior officials of the company met Telangana's IT and Industries Minister KT Rama Rao in New York, United States, on his tour to the US.