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Time of India
a day ago
- 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.


Time of India
2 days ago
- Time of India
Foundation laid for aerospace, defence testing lab in Trichy
Trichy: The foundation for Tamil Nadu Industrial Development Corporation's (TIDCO) advance mechanical and material defence testing lab was laid at the Thuvakudi Sidco industrial estate near NIT Trichy campus on Monday. The lab proposed at 50 crore under the public-private collaboration involves BEML and HAL. Under the Defence Testing Infrastructure Scheme (DTIS), the lab, System Testing and Research in Advanced Material (STREAM), will have infrastructure comprising 40 testing machinery spread over 13,000sqft floor area. The state govt has a built-up space of 3,000sqft at the industrial estate which will be utilised as an office space. Separate facility will be constructed for the common testing centre to accommodate high-end machines to provide quality certification and validation services. "Construction work for the lab will be completed in nine months," said Angayasamy Subbiah, managing partner, Vaidheswaran Industries, a partner of the proposed lab.


Time of India
6 days ago
- Time of India
NITI Aayog wants states to enhance funding to S&T
NITI Aayog has proposed that states provide adequate financial resources to science and technology (S&T) councils, up to 0.5% of the gross state domestic product (GSDP), and also restructure their governing bodies to drive innovation and technology-led growth. Besides, it has called for a comprehensive blend of structural reforms, capacity-building efforts, and strategic partnerships to enhance the effectiveness and responsiveness of these councils. In a report titled 'A Roadmap for Strengthening State S&T Council' released on Thursday, the Aayog said that these councils must explore wider funding opportunities available with different departments of the central government for activities related to the overall mandate. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo 'State governments should provide adequate financial resources to the councils to enable them to carry out the regular activities effectively and to initiate new activities in advanced and emerging areas of S&T,' it said. It also recommended that the governing body of the councils must be slightly restructured and expanded so as to make it more capable of taking informed policy decisions and strategic planning. Live Events 'The governing council may continue to be chaired by the chief minister or the S&T minister of the state, as the case may be; however, it must be expanded to include more expertise,' it said. The think tank suggested that the councils should also explore establishing linkages with industry bodies, PSUs, and other possible support agencies in the state for attracting support and financial resources for different activities. 'Such linkages will indirectly help promote university-industry interaction in different activities of the councils,' it said. While noting that the councils should have a core manpower strength to drive the major activities of the councils in an effective and accountable manner, the Aayog said all such positions should be fully supported by the state government, ensuring financial stability and commitment. It pointed out that while some states have leveraged S&T institutions to drive innovation and technology-led growth, others face several challenges related to fragmented mandates, irregular funding flows, and weak institutional capacities. Many councils are constrained by non-regularised manpower, absence of performance-linked incentives, and limited autonomy in decision-making, impeding long-term planning and execution, it said. The state S&T councils, with their limited resources, have made a significant contribution in supporting patent facilitation, remote sensing applications and GI mapping, grassroots innovation, science popularisation, and capacity-building programmes. In recent years, India's R&D ecosystem has witnessed expansion in absolute terms, with gross expenditure on research and development (GERD) increasing from Rs 60,196.75 crore in 2010-11 to Rs 1,27,380.96 crore in 2020-21. India's R&D funding structure is still largely government-driven. State S&T councils operate within a shared national framework, but their capacities and priorities are shaped by the regional requirements of the state, resources available to them, and institutional support they have available to them.