# Medtronic to invest Rs 3,000 crore in Hyderabad R&D center expansion

Medtronic announced an investment of Rs 3,000 crore to expand its Medtronic Engineering & Innovation Center in Hyderabad, India. The center will grow from 150,000 to 250,000 square feet and increase employment from 800 to over 1,500 over five years.

- Type: Expansion
- Announced: 2023-05-18
- Where: Hyderabad, Nanakramguda, India
- Value: $363.0M (30.0B INR)
- Jobs: 700
- Status: announced
- Products: robotics, imaging and navigation, surgical technologies, implantable technologies
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medtronic plc](https://endata.com/companies/19071.md)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/medtronic-to-invest-rs-3k-cr-in-hyderabad-unit/articleshow/100338638.cms), 2023-05-18: "There is no constraint for space, as we expand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
