₹1,000 cr quantum tech hub plan unveiled in Karnataka
In a bid to become Asia’s “Quantum Capital” by 2035, the Karnataka government has launched a massive ₹1,000 crore plan to establish a futuristic Quantum City near Bengaluru. This ambitious project, anchored around a Quantum Hardware Park, aims to create 2 lakh jobs and lead India’s tech future.
The Quantum City, which is expected to be operational by 2025, will serve as a hub for quantum research, chip-making facilities, and global partnerships. The project is designed to support over 100 startups, providing them with cutting-edge infrastructure, mentorship, and funding opportunities. Additionally, the state plans to award 150 PhD fellowships to attract top talent from across the country.
The Karnataka government has recognized the immense potential of quantum technology, which has the power to revolutionize various industries, including IT, healthcare, finance, and defense. Quantum technology has the potential to solve complex problems that are currently unsolvable using classical computers, making it a game-changer for the country’s technological advancement.
The Quantum City will be equipped with state-of-the-art facilities, including a Quantum Hardware Park, which will be a major attraction for startups, researchers, and industry experts. The park will provide a platform for incubation, innovation, and collaboration, fostering a culture of innovation and entrepreneurship.
The project will also focus on building a strong ecosystem for quantum research, with a significant investment in talent development, infrastructure, and partnerships. The government plans to establish a network of quantum research centers across the state, which will serve as hubs for research and innovation.
Karnataka’s Quantum City is expected to attract significant investments from global companies, venture capitalists, and angel investors. The state government has already started engaging with international partners to establish collaborations and partnerships for the project.
The project’s ambitious goals include creating a quantum workforce of over 2 lakh jobs, generating significant revenue, and positioning Karnataka as a leader in the global quantum technology market. The state government is confident that the Quantum City will become a major driver of economic growth and a magnet for talent and investments.
The Quantum City project is part of the Karnataka government’s strategy to diversify the state’s economy and reduce its dependence on traditional sectors such as IT and biotechnology. The project is expected to create a new wave of startups, entrepreneurs, and innovators, who will drive the state’s economic growth and development.
In conclusion, Karnataka’s ₹1,000 crore plan to establish a Quantum City is a bold step towards realizing the state’s vision of becoming Asia’s “Quantum Capital” by 2035. With its focus on quantum research, innovation, and talent development, the project has the potential to create a significant impact on the country’s technological advancement and economic growth.
Source: https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
