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Medtronic has expanded its Medtronic Engineering and Innovation Center (MEIC) in Hyderabad, India. The state-of-the-art R&D center, part of Medtronic s $350 million investment plan over five years, aims to expand its global R&D footprint and foster local innovation. The center focuses on collaborative innovation, training, and immersive experiences, housing labs like Digital Therapy & Innovation, Connected Care, and Platform & Tech
The expansion is part of the investment of about Rs 3,000 cr that Medtronic will do over a five-year period. Currently, it has 900 people and has plans to increase it to 1,500 people in future
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