Karnataka invites global tech firms, startups to build Quantum City
India Business News: Karnataka invites global tech firms, startups and investors to build proposed Quantum City in Bengaluru, boosting deep-tech, space and AI innovation.
Bengaluru: Karnataka govt on Tuesday invited global technology companies, startups, investors and researchers to partner in developing the proposed ‘Quantum City’ as a hub for research, innovation and industry collaboration.Addressing a roundtable, Karnataka minister for minor irrigation and science and technology Dr Ajay Dharam Singh said industry and innovators should engage from the early stages and contribute ideas, technologies and partnerships to shape the state’s deep-tech ecosystem.“Quantum City is an ambitious initiative that we want to build in partnership with industry, researchers, startups and investors. I invite technology leaders to engage with Karnataka and help us shape a globally competitive deep-tech ecosystem,” he said.The govt is focused on creating an environment for technology companies to build, test, manufacture and scale in the state, Singh said. Karnataka will build on its strengths in IT and aerospace while expanding into quantum technologies, spacetech, dronetech, AI and geospatial technologies.Referring to Karnataka Space Technology Policy 2025-30, Singh said the state aims to capture 50% of India’s space market and 5% of the global market by 2033, attract $3 billion in investments and train 50,000 professionals.The roundtable was attended by former ISRO chairman S Somanath and representatives from NewSpace India, Pixxel, Dhruva Space, ideaForge, Axelspace, BlackSky, Capella Space, EnduroSat, Sarla Aviation and TakeMe2Space.Get the latest Business News and Live updates. Download the TOI app.
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