Shri D. Sridhar Babu, the Honorable Minister of IT, Industries & Commerce, Government of Telangana, officially inaugurated the Global IT Centre and the Medtronic Engineering & Innovation Center in Hyderabad. This significant event marks a milestone in Medtronic’s expansion and investment in India’s thriving IT and tech landscape.

Medtronic’s First Large Scale IT Capability Center Outside the US

The newly launched Global IT Center (GIT) is Medtronic’s first large scale IT capability center outside of the United States. This strategic move underscores the company’s commitment to leveraging India’s vast talent pool and its burgeoning IT and tech sector. The GIT is poised to become a pivotal hub for Medtronic’s global operations, driving innovation and efficiency across the company’s IT functions.

Significant Investment in India’s Tech Space

Medtronic plans to invest $60 million over the next three to five years to bolster its business operations through this new center. This investment will not only enhance Medtronic’s IT capabilities but also create numerous job opportunities in the region, fostering local talent and contributing to the growth of Hyderabad as a key player in the global tech industry.

Leveraging India’s Rich Talent Pool

With this investment, Medtronic aims to harness the expertise of India’s skilled IT professionals to support its global business needs. The center will focus on a range of IT and tech initiatives, from software development to advanced analytics, ensuring that Medtronic remains at the forefront of technological innovation in the healthcare sector.

A Boost for Hyderabad’s IT and Tech Industry

The inauguration of the Global IT Centre and the Medtronic Engineering & Innovation Center is a testament to Hyderabad’s growing reputation as a leading destination for IT and tech companies. The city’s robust infrastructure, skilled workforce, and supportive government policies make it an ideal location for global corporations looking to expand their operations.

Shri D. Sridhar Babu expressed his enthusiasm for the project, highlighting its potential to drive economic growth and technological advancement in the region. He commended Medtronic for its forward-thinking approach and its commitment to contributing to the local economy.

Medtronic’s new centers in Hyderabad are set to become a beacon of innovation and excellence, reinforcing the city’s status as a hub for technological progress and industry growth.