Wire · operational-macro
PAN-IIT Amaravati Council will galvanise AP's growth, says CM Naidu
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Fusion42 · 4 October 2026 · Fusion42 review
Andhra Pradesh is establishing a permanent Pan-IIT Amaravati Council to harness IIT alumni expertise for technological and economic growth, including launching a Rs 500 crore venture fund for DeepTech startups. The initiative aims to develop Amaravati as a global knowledge hub, accelerate quantum computing and AI advancements, and strengthen the state's innovation ecosystem through industry partnerships and startup mentorship.
This Wire brief sits within Fusion42's coverage of Deep Tech: Telecom & Connectivity.
◆ ◆ The Wire takeaway
The creation of a Rs 500 crore fund and Pan-IIT Council in Amaravati marks a new growth lever for DeepTech startups and tech founders in Andhra Pradesh. You can now access high-calibre IIT mentorship and funding as the state accelerates in quantum computing and AI innovation.
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1 source · 4 Oct 2026
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