Is MTech Biomedical at top IITs a good path if you want to work in industry?

I’m planning to write GATE 2026 in Biomedical and I’m interested in AI/ML, medical imaging, and bio-instrumentation, but I want to work in industry and not go into academia. Is doing an MTech in Biomedical from top IITs (like IITM/IITB) a good option for this? Do companies like Siemens Healthineers, Philips, Medtronic, Stryker, etc. hire biomedical MTech biomedical grads? Also, is there any branch bias if someone from biomedical wants to apply for IT roles or core electronics-type roles during placments?