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🚀 India's National Quantum Mission: A Leap into the Future 🌐 One of our students (Deepanshu Thakur) has summarized an insightful Economic Times article on India's National Quantum Mission, highlighting its immense potential to revolutionize industries through quantum technologies like AI, IoT, and advanced manufacturing. The mission aims to push India into the forefront of global quantum research, paving the way for innovations in cybersecurity, clean energy, and healthcare. In today’s fast-evolving world, technological advancements in quantum computing are becoming critical. However, India's relatively lower investment compared to global counterparts and the lack of deep-tech start-ups in this space pose challenges. It's essential that we continue to foster innovation, support young talent, and promote international collaborations. 💡 #QuantumTech #DigitalIndia #Innovation #OperationsManagement #SupplyChainLeadership #TechAdvancement #QuantumComputing #MakeInIndia #StudentInsights Chandravadan Goritiyal, PhD, PMP® Swapnil Desai ,Ph.D (Dr.D) Dr. Farzan Ghadially Dr. Priyanka Lal Siddhartha Goutam Piya Ghosh Vartika Sethi Dr. Shrutika Patil Ravindra Kale Hemant Kale

View profile for Deepanshu Thakur, graphic

PGDM '25- Business Analytics Welingkar Mumbai

India's National Quantum Mission: A Quantum Leap Towards Technological Advancement The launch of National Quantum Mission in 2023, put India among the top six leading nations involved in the research and development in quantum technologies. The National Quantum Mission worth Rs. 6,003.65 crore is planned during 2023-2031. The mission aims to strengthen India’s research and development in the quantum arena. Key Players & Projects: ·      TIFR, DRDO, and TCS are building India's largest quantum computer, aiming to scale from 6 qubits to 100 qubits. ·      IIT Madras's Centre for Quantum Information, Communication and Computing (CQuICC) focuses on quantum information and cryptography. ·      Partnerships with global entities like the Chicago Quantum Exchange and D-Wave. Significance of the National Quantum Mission ·    Quantum technologies like quantum computing, AI, IoT, ML can boost India's economy by contributing $280-310 billion by 2030. ·      Enhance industries such as aerospace, weather prediction, cybersecurity, advanced manufacturing, health, agriculture, and education. ·      The mission will secure communication and financial transactions. ·      Complements initiatives like Digital India, Make in India, SDG. ·      Develop new materials and devices, streamline resources, minimize duplication, batteries and nuclear fusion reactors ·      Solutions for clean energy and affordable healthcare. ·      Improving simulations in chemistry and physics Challenges ·      India's investment of 6,000 crore ($0.75 billion) is much lower than China's $15 billion and the US’s $3.75 billion. ·      From 2000 to 2018, India published 1,711 quantum-related papers, compared to China’s 12,110 and the US’s 13,489. ·      Only 12% of Indian start-ups are deep tech-related, with less than 3% focusing on quantum technologies. What Should be the way Forward? ·      Identify and promote young talent ·      Well balanced R&D ecosystem ·      Increased Investment Support ·      Promotion of Partnerships and Collaborations between academic institutions, research organizations, and industries https://lnkd.in/dB3BR8hY

ETtech in-depth: Is India still playing catch-up with China and the US in quantum computing?

ETtech in-depth: Is India still playing catch-up with China and the US in quantum computing?

economictimes.indiatimes.com

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