What is Andhra Pradesh's Quantum Valley initiative?

The Quantum Valley initiative launched by Andhra Pradesh government will offer grants of up to ₹30 lakh, seed funding of ₹1 crore, and 75% reimbursement on the patent filing costs. The programme will also provide operational support and market-readiness assistance to start-ups in the sector, including go-to-market support of up to ₹5 crore, rental subsidies for up to 20 employees.