Bhubaneswar, Oct. 20 -- Bengaluru: Global med-tech company Siemens Healthineers on Tuesday said it plans to invest Rs 1,300 crore over the next five years in an innovation hub in Bengaluru.

The investment aims to make India a manufacturing centre for the company's emerging market products.

The innovation hub will be housed in a new campus that will combine R&D and manufacturing to make India a centre of competence for the design and development of entry-level products, said the company headquartered in Erlangen, Germany.

Siemens Healthineers said it plans to hire an additional 1,800 skilled digital tech experts to expand its digital capabilities in the next 10 years.

"This investment is the largest we have ever made in India. It will ...