India, July 20 -- Not too long ago, Global Capability Centres (GCCs) in India's MedTech sector were largely seen as operational support hubs. Their role revolved around engineering services, IT, finance, procurement and other back-end functions, while product innovation and strategic decision-making remained with global headquarters.

That picture has changed considerably.

Healthcare is becoming increasingly connected, software-driven and data-centric. Medical devices are no longer just devices; they are smart systems that can provide real-time data, connect with the hospital information system and assist with clinical decision-making. With the industry's evolution, expectations from the GCCs have also evolved. Today, India-based teams a...