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Karnataka eyes $20 billion quantum economy; aims to outpace southern rivals
Karnataka eyes $20 billion quantum economy; aims to outpace southern rivals

Time of India

time5 days ago

  • Business
  • Time of India

Karnataka eyes $20 billion quantum economy; aims to outpace southern rivals

Academy Empower your mind, elevate your skills Aiming to ride the quantum wave in India and challenging other southern states, Karnataka is set to launch its ' Quantum Action Plan ,' which will focus on research, manufacturing, education, and industry support. The state's science and technology minister, NS Boseraju, told ET that though the technology is very nascent in India, Karnataka sees it as a big opportunity and is ready to provide the necessary incentives for startups and researchers.'We want to build a quantum advantage-driven economy by 2035. Through this initiative, the state will target $20 billion in economic value creation over the next decade,' he said ahead of the two-day Quantum India Bengaluru Summit to be held from July Andhra Pradesh's Amaravati is looking to become the quantum innovation hub , Karnataka has the edge with its strong tech base and infrastructure, Boseraju said. The neighbouring state announced the Amaravati Quantum Valley Declaration earlier in July. Under the initiative, Andhra Pradesh will develop a 50-acre Quantum Valley Tech Park built by L&T. The project aims to host India's first major quantum computing environment by IBM's 156-qubit Quantum System Two by early 2026.'Other states are now beginning to show interest, but we are ahead in this effort. We've already partnered with IISc and allocated land to support niche work in this domain,' the minister said, referring to the state cabinet's clearance of the second phase of the Quantum Research Park worth ₹48 not to miss the quantum bus the way it did with semiconductors, the government said it is actively identifying and securing land around Bengaluru to provide all the infrastructure entrepreneurs may need. 'Unlike other states that focus only on service centres, Karnataka wants to own the tech, intellectual property, and production,' the science and tech minister department will be holding a high-level meeting on Wednesday with the ministers for industries, IT/BT, and higher education, along with entrepreneurs. 'One of the agenda points is about quantum-specific IP frameworks, startup schemes, and whether we need a separate research fund or quantum fellowship programme,' Boseraju said. He added that the government is aware that quantum research requires significant patient capital for wants to leverage quantum technology for health and education. 'We already spend a significant amount on education and healthcare. By integrating quantum technologies, we hope to build better infrastructure and improve access, especially for the common man,' Boseraju said.

IISc Quantum Research Park Poised to Lead India's Quantum Technology Drive: Karnataka Minister
IISc Quantum Research Park Poised to Lead India's Quantum Technology Drive: Karnataka Minister

Hans India

time10-07-2025

  • Business
  • Hans India

IISc Quantum Research Park Poised to Lead India's Quantum Technology Drive: Karnataka Minister

Bengaluru: Karnataka's Minister for Science and Technology, N.S. Boseraju, has projected the Indian Institute of Science's (IISc) Quantum Research Park as a potential cornerstone of India's emerging quantum technology sector, with the state government committing ₹48 crore towards its development. During a visit to the IISc campus in Bengaluru on Wednesday, Minister Boseraju engaged in extensive discussions with scientists and experts to chart a roadmap for quantum ecosystem development in the state and beyond. He emphasised the state government's resolve to position Karnataka as a frontrunner in quantum research and innovation. 'The Quantum Research Park at IISc has the potential to lead India's quantum mission. Under the leadership of Chief Minister Siddaramaiah and Deputy Chief Minister D.K. Shivakumar, Karnataka is fully committed to fostering a robust quantum technology ecosystem,' the Minister said. The ₹48 crore grant is being used to build state-of-the-art infrastructure, including cutting-edge laboratories, high-precision instrumentation, and incubation facilities for start-ups and innovators in the quantum domain. Boseraju assured that the state is ready to provide additional support as needed and would consult with the Chief Minister on further initiatives. Professor Arindam Ghosh, head of the Quantum Research Park, noted that Bengaluru's vibrant academic, industrial, and R&D ecosystem makes it an ideal hub for quantum advancement. He advocated the formation of an international advisory committee to guide long-term strategic planning, with the goal of enabling a 'Quantum Advantage Driven Economy' by 2035. As part of its broader vision, the Karnataka government will host the country's first Quantum India Bengaluru Conference on July 31 and August 1, aiming to position the city as India's 'quantum capital.' The visit was also attended by Raichur MP G. Kumar Naik, KSTePS Director Sadashiva Prabhu, IISc Director Prof. G. Rangarajan, Prof. Akshaya Nayak, and senior officials from the Department of Science and Technology.

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