₹1,000 cr Quantum Tech Hub Plan Unveiled in Karnataka
In a bid to become Asia’s “Quantum Capital” by 2035, Karnataka has launched a ₹1,000 crore plan to establish a futuristic Quantum City near Bengaluru. This ambitious mission includes a Quantum Hardware Park, over 100 startup supports, and 150 PhD fellowships, with the aim of creating 2 lakh jobs and leading India’s tech future. The plan is anchored around the idea of harnessing the power of quantum technology to drive innovation and growth in the state.
The Quantum City project, which is expected to be completed by 2025, will be a state-of-the-art facility that will serve as a hub for quantum research and development, entrepreneurship, and industry collaboration. The city will be designed to foster a culture of innovation, with a focus on developing cutting-edge quantum technologies that can be applied across various industries, including healthcare, finance, and defense.
One of the key components of the Quantum City project is the Quantum Hardware Park, which will be a dedicated facility for the development and manufacturing of quantum chips and other quantum-enabled devices. The park will be equipped with state-of-the-art infrastructure and will provide a conducive environment for startups and established companies to work on quantum technology-based projects.
The park will also serve as a hub for quantum research and development, with a focus on developing new quantum technologies and applications. The research will be led by top-notch scientists and researchers from around the world, and will involve collaboration with leading universities and research institutions.
In addition to the Quantum Hardware Park, the Quantum City project will also include over 100 startup supports, which will provide funding, mentorship, and other forms of support to early-stage startups working on quantum technology-based projects. The startup supports will be designed to help startups scale up and become successful, with a focus on creating new jobs and driving economic growth in the state.
The project will also provide 150 PhD fellowships to students who are pursuing research in quantum technology. The fellowships will be awarded to students who are working on quantum-related projects, and will provide them with financial support and mentorship to complete their research.
The Quantum City project is expected to create 2 lakh jobs, both directly and indirectly, and will drive economic growth in the state. The project will also establish Karnataka as a leader in the field of quantum technology, and will help the state to attract foreign investment and talent.
The state government has also announced plans to establish partnerships with leading global companies and research institutions to drive the growth of the quantum technology sector in Karnataka. The partnerships will involve collaboration on research and development, technology transfer, and talent acquisition, and will help to establish Karnataka as a hub for quantum technology innovation.
The Quantum City project is a major step forward for Karnataka’s efforts to become a leader in the field of quantum technology. The project has the potential to drive economic growth, create new jobs, and establish the state as a hub for innovation and entrepreneurship.
News Source:
https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
