₹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 ₹1,000 crore plan to establish a futuristic Quantum City near Bengaluru. This ambitious project aims to transform the state into a hub for quantum technology, creating a self-sustaining ecosystem that fosters innovation, research, and entrepreneurship. With a focus on global partnerships, quantum research, and chip-making facilities, Karnataka hopes to create 2 lakh jobs and lead India’s tech future.
The Quantum City, which is expected to be operational by 2025, will be anchored around a Quantum Hardware Park, a futuristic facility that will house cutting-edge chip-making facilities, research centers, and startup incubators. The park will be designed to attract global companies, startups, and researchers, creating a collaborative environment that drives innovation and growth.
As part of the plan, the government has announced the establishment of 100+ startup supports, which will provide funding, mentorship, and resources to early-stage companies working on quantum technology. These startups will have access to state-of-the-art infrastructure, including clean rooms, testing facilities, and research labs.
In addition to the startup supports, the government has also announced the launch of 150 PhD fellowships, which will be awarded to researchers and students working on quantum technology-related projects. These fellowships will provide a stipend and research funding to enable recipients to pursue their research interests and develop innovative solutions.
The Quantum City project is expected to create a significant impact on the state’s economy, generating employment opportunities and driving economic growth. The project is expected to create 2 lakh jobs, both directly and indirectly, in the quantum technology sector.
Karnataka’s initiative to establish a quantum tech hub is a significant step towards realizing the country’s vision for a quantum-enabled future. Quantum technology has the potential to revolutionize various industries, including healthcare, finance, and energy, and Karnataka’s efforts will help India stay at the forefront of this global trend.
The project’s focus on global partnerships is also expected to bring in significant investments and expertise from around the world. Karnataka has already partnered with global companies, research institutions, and organizations, including IBM, Microsoft, and the Indian Institute of Science (IISc), to drive the project forward.
The Quantum City project is expected to be a game-changer for Karnataka’s economy, and the state’s commitment to investing in quantum technology will pay dividends in the long run. With its focus on innovation, research, and entrepreneurship, the project has the potential to create a sustainable and self-sustaining ecosystem that drives growth and development.
In conclusion, Karnataka’s ₹1,000 crore plan to establish a quantum tech hub is a significant step towards realizing the state’s vision for a quantum-enabled future. With its focus on global partnerships, quantum research, and chip-making facilities, the project has the potential to create 2 lakh jobs and lead India’s tech future. As the project takes shape, Karnataka is expected to emerge as a hub for quantum technology, driving innovation, growth, and development in the region.
Source: https://ascendants.in/business-stories/karnataka-quantum-city-investment-2025/
