
Andhra Pradesh Chief Minister N Chandrababu Naidu urged IIT alumni to unite for nation-building during the PanIIT summit valedictory session in Amaravati.
The state government and PanIIT inked multiple agreements, including setting up the PanIIT Amaravati Council and a ₹500-crore PanIIT Amaravati Deep Tech Venture Fund.
Naidu announced that the state will establish a Quantum Valley, with the first local quantum computer scheduled to begin functioning on February 3, 2027.