₹1,000 cr quantum tech hub plan unveiled in Karnataka
In a major bid to establish itself as Asia’s “Quantum Capital” by 2035, the Karnataka government has launched a ₹1,000 crore plan to create a futuristic quantum technology hub in the state. The ambitious project, anchored around a futuristic Q-City near Bengaluru, will include a Quantum Hardware Park, support for over 100 startups, and 150 PhD fellowships. With global partnerships, quantum research, and chip-making facilities, the state aims to create 2 lakh jobs and lead India’s tech future.
The Quantum City project is expected to be a game-changer for the state’s economy, which has been driven by the IT sector for decades. The project’s focus on quantum technology, which has the potential to revolutionize industries such as finance, healthcare, and energy, is expected to attract top talent and investments from around the world.
The Quantum Hardware Park, a key component of the project, will be a state-of-the-art facility that will provide a platform for startups, research institutions, and industry players to develop and manufacture quantum-enabled hardware. The park will be equipped with cutting-edge infrastructure and facilities, including cleanrooms, advanced manufacturing facilities, and testing labs.
The 100+ startup supports will provide funding, mentorship, and resources to early-stage startups working on quantum technology. The startups will have access to the Quantum Hardware Park’s facilities and expertise, enabling them to develop and commercialize their products and services quickly.
The 150 PhD fellowships will be awarded to talented students and researchers who want to pursue a career in quantum technology. The fellowships will provide a stipend and research funding to the students, who will work under the guidance of experienced researchers and mentors.
The Quantum City project is expected to have a significant impact on the state’s economy, creating over 2 lakh jobs in the next 10 years. The project will also attract investments from around the world, which will help to boost the state’s GDP and make it a major player in the global quantum technology landscape.
The Karnataka government has partnered with global players, including research institutions, industry leaders, and venture capital firms, to make the Quantum City project a reality. The project’s success will depend on the collaboration and expertise of these partners, which will help to drive innovation and growth in the quantum technology sector.
The Quantum City project is a major step forward for Karnataka, which has been a leader in the IT sector for decades. The project’s focus on quantum technology will help the state to diversify its economy and create new opportunities for growth and development.
In conclusion, the ₹1,000 crore quantum tech hub plan unveiled in Karnataka is a major step forward for the state’s economy and a significant investment in its future. The project’s focus on quantum technology will help the state to create new opportunities for growth and development, attract top talent and investments, and establish itself as Asia’s “Quantum Capital” by 2035.
Source:https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
