₹1,000 Cr Quantum Tech Hub Plan Unveiled in Karnataka
Karnataka, a leading IT hub in India, has taken a bold step towards becoming Asia’s “Quantum Capital” by 2035. The state government has launched a comprehensive plan worth ₹1,000 crore to establish a futuristic Quantum City near Bengaluru, aimed at driving India’s tech future. This ambitious project is anchored around a Quantum Hardware Park, startup supports, and PhD fellowships, with the ultimate goal of creating 2 lakh jobs and cementing Karnataka’s position as a global leader in quantum technology.
The Quantum City, expected to be operational by 2025, will be a hub for cutting-edge research, innovation, and entrepreneurship in the field of quantum technology. The project will focus on developing quantum computing hardware, software, and services, and will include a Quantum Hardware Park, which will be a unique facility that will house quantum computing companies, startups, and research institutions. This park will provide a platform for companies to develop and manufacture quantum computing hardware, fostering innovation and collaboration.
One of the key components of the Quantum City is the startup support program, which aims to incubate and accelerate over 100 startups in the quantum technology space. This program will provide these startups with access to funding, mentorship, and networking opportunities, enabling them to scale up and become globally competitive. Additionally, the state government will also establish 150 PhD fellowships in quantum technology, which will attract top talent from across the country and globally.
The Quantum City will also feature state-of-the-art chip-making facilities, which will enable companies to design and manufacture quantum computing chips. These chips will be used in a range of applications, including artificial intelligence, machine learning, and cybersecurity. The chip-making facility will be a major draw for companies looking to establish a presence in the quantum technology ecosystem.
Karnataka’s push into quantum technology is a strategic move to future-proof its economy and position the state as a leader in the emerging technology landscape. The state government has identified quantum technology as a key growth area, with the potential to create high-skilled jobs and drive economic growth.
The Quantum City will also focus on global partnerships, with the state government signing MoUs with leading quantum technology companies and research institutions. These partnerships will enable the state to leverage the latest research and technologies in the field, and to create a talent pool of skilled professionals.
The project has received widespread acclaim from industry experts and entrepreneurs, who see it as a game-changer for the quantum technology ecosystem in India. “Karnataka’s Quantum City is a bold move that will put the state at the forefront of the quantum technology revolution,” said Sanjay Mehta, Co-Founder of 100X Entrepreneurship Vantage. “The state’s focus on creating a talent pool of skilled professionals and its commitment to global partnerships will make it an attractive destination for companies looking to establish a presence in the quantum technology space.”
The Quantum City is expected to create 2 lakh jobs in the quantum technology sector, making it one of the largest job-creating initiatives in the state’s history. The project will also attract significant investment into the state, with estimates suggesting that it could generate ₹5,000 crore in revenue by 2035.
In conclusion, Karnataka’s ₹1,000 crore plan to establish a Quantum City is a significant step towards becoming Asia’s “Quantum Capital” by 2035. The project’s focus on research, innovation, and entrepreneurship, combined with its commitment to global partnerships and talent development, make it an attractive destination for companies looking to establish a presence in the quantum technology space. As the state government continues to drive this initiative forward, it is likely to play a major role in shaping India’s tech future.
Source:
https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
