Healthium Medtech has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to establish a new manufacturing unit in Sri City Industrial Park, Andhra Pradesh. The company plans to invest ₹150 crore in two phases, aiming to create approximately 300 direct jobs by 2027. This expansion will bolster Healthium Medtech's presence in the Medtech manufacturing hub and support its vision of producing accessible, high-quality 'Made in India' medical devices.