Siemens Healthineers will make an investment of Rs 1,300 crore in an innovation hub in Bengaluru, Karnataka, over the next five years. This is the largest investment in India, making the country home to Siemens’ fourth innovation hub, after the US, Germany and China.
The investment is part of Siemens’ 2025 strategy and will include an addition of 1,800 digital talents in 10 years. The innovation hub will look at diagnostic automation, artificial intelligence, cyber security and immersive technologies, among others. The company has till date invested about Rs 3,000 crore in research and development (R&D) in the country and has employed about 2,500 people.
The present Bengaluru factory produces Cios Fit C-arms and Somatom.go CT scanners. These entry-level systems are designed, developed and made in India, and are sold in South-East Asia, Africa, Eastern Europe and South America. The plan is to expand its product portfolio to make products more affordable in more markets.
When completed in 2025, Phase-I of the new campus will include 70,000 sq mtr of office space for the enlarged R&D centre and 5,000 sq mtr of factory space.