India’s Additional Investment in Quantum Tech in ‘Perfect Time’ to Attract Additional Funding from Companies Like IBM & Google
(EconomicTimes.IndiaTimes) India’s plan to invest Rs 8,000 crore over the next five years in the National Misssion on Quantum technology and its applications comes at a time when the world is making bets on the emerging field.
“We are right in time for Quantum investment – Most quantum investments are in the US, we are in perfect time because companies like IBM and Google are going to be investing a ton of money and infrastructure assets towards Asia, countries like Japan and Singapore,” said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research. “if India has a feasible enablement for quantum we are in perfect time.”
India’s department of science has a national mission on Quantum Technologies and Applications, which is collaborating with institutions and companies to build homegrown capablity in quantum technologies.