Hyderabad: Medtronic to invest USD 60M; inaugurates GIT Center at MEIC

GIT center will boost productivity, manage risks, and drive growth in healthcare technology.

By Newsmeter Network  Published on  11 July 2024 6:10 AM GMT
Hyderabad: Medtronic to invest USD 60M; inaugurates GIT Center at MEIC

Representational Image. 

Hyderabad: Medtronic, the global leader in medical technology, today inaugurated its first Global IT (GIT) Center outside the United States at Medtronic Engineering & Innovation Center (MEIC) in Hyderabad.

Minister for IT, Industries and Commerce, D Sridhar Babu and US Consul General, Jennifer Larson, and senior leaders from Medtronic including Rashmi Kumar, SVP and CIO Global, Medtronic, and Divya Prakash Joshi, Vice President & Site Leader of MEIC were present on the occasion.

Global IT Center is Medtronic’s first large-scale IT center outside of the US. The company will be investing USD 60 million which will support in creating 300 new job opportunities over the next 3-5 years. GIT will focus on cutting-edge technologies such as Cloud Engineering, Data Platforms, Digital Health applications, Hyper automation, and AI/ML. The talent competencies include Cloud & DevOps, Advanced Analytics & Visualization, Integration & Middleware, Full Stack Engineering, Robotic Process Automation, Process & Data Mining, Agile Program Management, Process Excellence & Business Analysis, along with IT Security & Compliance. Through these competencies, the new GIT center will boost productivity, manage risks, and drive growth in healthcare technology.

Speaking at the inauguration event, Minister for IT, Industries and Commerce D Sridhar Babu said, “I am delighted that Medtronic is growing by leaps and bounds from Hyderabad. I had the pleasure of inaugurating MEIC’s expanded R&D facility in February this year and during this time, I discussed various other opportunities. In about 5 months, we are here to launch Medtronic’s new global IT Center. Reputed firms like Medtronic choosing to double down on their existing investments in Telangana underscores the vibrant innovation ecosystem that is being nurtured here. This is a glowing testament to the government’s progressive policies. We remain committed to the growth of the medical technologies sector, and we will extend every support from the Government."

Rashmi Kumar, SVP and CIO, Medtronic said “Innovation is at the heart of every transformative technology at Medtronic. The inauguration of our Global IT Center in India is a testament to our commitment to strengthening global technology capabilities. We extend our gratitude to the Government of Telangana for fostering a vibrant innovation ecosystem. The launch of the center reiterates our commitment to the Indian market and propels us towards impacting more patient lives and advancing healthcare technology. India offers one of the best talent pools for IT we look forward to leveraging the skillset to support the growth of healthcare technology thereby positively impacting patient lives."

Speaking on the occasion, Divya Joshi, Vice President & MEIC Site Leader, Medtronic, said, “The inauguration of the GIT center at the MEIC facility in Hyderabad marks a transformative step for Medtronic. By establishing our first large-scale IT capability center outside the US, we are not only investing in advanced technologies but also in the rich talent pool that India offers. This new center will be pivotal in supporting innovations, enhancing our global IT capabilities, and delivering top-notch tech-driven healthcare solutions. We are excited to contribute to Hyderabad’s dynamic tech ecosystem.”

The center places a strong emphasis on talent, focusing on skill enhancement, inclusivity, and workforce diversity. Initiatives such as Women in IT (WIIT) are designed to support and mentor women in technical positions, while Employee Resource Groups (ERGs) will continue to offer opportunities for professional development, networking, and engagement.

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