In this article, we will discuss Quantum Technology and India (Continued). So, let’s get started.
Quantum Technology and India (Continued)
- Quantum Tech and Private Sector: Large Technology Corporations such as Google, Microsoft, and IBM have dedicated programmes for quantum computing and its applications.
- Similarly, several Indian startups such as QNu Labs, BosonQ, and Qulabs.ai are also doing remarkable work in developing quantum-based applications for cryptography, computing, and cybersecurity.
- India’s Related Initiatives:
- In 2018, the Department of Science & Technology unveiled a programme called Quantum-Enabled Science & Technology (QuEST) and committed to investing Rs. 80 crore over the next three years to accelerate research.
- In the 2020 Budget speech, the Finance Minister of India announced the National Mission for Quantum Technologies and Applications (NM-QTA) with a total outlay of ₹8000 crore over five years for strengthening the quantum industry in the country.
- In October 2021, the government also inaugurated C-DOT’s Quantum Communication Lab and unveiled the indigenously developed Quantum Key Distribution (QKD) solution.
