VIJAYAWADA: The Andhra Pradesh government on Thursday announced a landmark investment under the State’s emerging Amaravati Quantum Valley initiative. During a meeting with Chief Minister Nara Chandrababu Naidu, Amber Enterprises India Ltd. Chairman and CEO Jasbir Singh confirmed the company’s plan to invest ₹200 crore in phases to establish India’s first Quantum Cryogenic Components facility in Amaravati.
The project is expected to play a pioneering role in strengthening India’s domestic quantum hardware ecosystem by enabling the development of advanced cryogenic solutions. The initiative also aligns with AP’s vision of positioning Amaravati as a global hub for deep tech.
“This project will mark a significant leap in India’s journey toward building a quantum computing ecosystem. Amber Enterprises is proud and excited to partner with Andhra Pradesh,” Singh said.
Welcoming the investment, Naidu said the milestone further strengthens AP’s standing as a preferred destination for futuristic industries. He added that the Amaravati Quantum Valley initiative—anchored by IBM and TCS Quantum Computer, with strong support from the National Quantum Mission—will lay a robust foundation for research, innovation, and critical component manufacturing in frontier sectors.