Twenty-three IITs across India have agreed to transfer technology to Andhra Pradesh. This historic declaration was released at the 'Pan IIT AP 2026' conference held in Vijayawada, with the aim of transforming Amaravati into a global knowledge and deep-tech hub, AP7AM reported.
According to AP7AM, this decision, made in the presence of Chief Minister Chandrababu Naidu, is set to be a milestone for the state's future. The IITs have expressed full agreement to transfer the necessary technology to the state.
Chief Minister Chandrababu Naidu made key announcements at the conference, which took place on Saturday at Dr. BR Ambedkar Kala Vedika in Vijayawada. He announced the establishment of the 'Pan IIT World Council' in Amaravati.
Furthermore, the Chief Minister announced the creation of a 'Pan IIT Amaravati Venture Fund' with an allocation of Rs. 500 crores to support deep-tech startups and innovations, as reported by AP7AM.
During the conference, five quantum computers were unveiled under the name Q-Shiva. Quantum computer operations are expected to commence in Amaravati from February 2027, AP7AM stated.
These developments are poised to create new opportunities for youth and startups in the Andhra Pradesh and Telangana regions, contributing to the technological advancement of both states.