₹1,000 cr quantum tech hub plan unveiled in Karnataka
In a significant move to bolster India’s tech future, the state of Karnataka has launched a ₹1,000 crore plan to become Asia’s “Quantum Capital” by 2035. The ambitious project, anchored around a futuristic Q-City near Bengaluru, aims to create a hub for quantum technology research, development, and innovation. The mission includes a Quantum Hardware Park, support for over 100 startups, and 150 PhD fellowships. With global partnerships, cutting-edge research, and chip-making facilities, the state hopes to create 2 lakh jobs and cement its position as a leader in the quantum technology space.
The Quantum City project, which is expected to be operational by 2025, will be a futuristic hub for quantum research, development, and innovation. The city will be designed to attract top talent from around the world, and will feature state-of-the-art infrastructure, including laboratories, research facilities, and office spaces. The hub will also have a dedicated Quantum Hardware Park, which will serve as a testing ground for quantum-based products and technologies.
One of the key components of the Quantum City project is the support for over 100 startups. The state government has announced a range of initiatives to support startups, including funding, mentorship, and incubation facilities. The aim is to nurture a vibrant startup ecosystem that can drive innovation and growth in the quantum technology space.
Another important aspect of the project is the 150 PhD fellowships that will be offered to students and researchers. The fellowships will be available in areas such as quantum computing, quantum communication, and quantum cryptography, and will provide a platform for young minds to develop their skills and expertise in these areas.
The Quantum City project is expected to create a significant number of jobs, both directly and indirectly. The state government estimates that the project will create over 2 lakh jobs, including positions in research, development, manufacturing, and services. The project will also attract global talent and investment, and will help to establish Karnataka as a leader in the quantum technology space.
The project has received widespread support from industry leaders and experts. “The Quantum City project is a game-changer for Karnataka and for India,” said a leading industry expert. “It will provide a platform for innovation, entrepreneurship, and job creation, and will help to establish the state as a leader in the quantum technology space.”
Karnataka’s initiative to become Asia’s “Quantum Capital” is part of a larger effort to drive growth and development in the state. The state has a thriving startup ecosystem, and is home to many leading tech companies, including Infosys, Wipro, and TCS. The state government has also launched a range of initiatives to support startups, including funding, mentorship, and incubation facilities.
The Quantum City project is expected to be a significant boost to the state’s economy, and will help to establish Karnataka as a leader in the quantum technology space. The project will provide a platform for innovation, entrepreneurship, and job creation, and will help to drive growth and development in the state.
In conclusion, Karnataka’s ₹1,000 crore plan to become Asia’s “Quantum Capital” by 2035 is a significant milestone in the state’s journey to drive growth and development. The project will provide a platform for innovation, entrepreneurship, and job creation, and will help to establish the state as a leader in the quantum technology space. With its focus on quantum research, development, and innovation, the Quantum City project is expected to be a major driver of growth and development in the state, and will help to cement Karnataka’s position as a leader in the tech industry.
News Source:
https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
