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

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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…



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



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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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