Op Ed: Can India Catch Up?
India Finally Invested in Quantum Computing Research
Excerpts and salient points ~
+ Most developed countries have already invested in quantum computing. The European Commission invested $1.13 billion in funding for quantum computing projects back in 2016. In 2018, President Donald Trump passed a bill that granted an investment of $1.2 billion in the said area. China has been investing in quantum research for years. Till now it has invested around $2 billion to continue developments. Other countries that invested in quantum research include Japan, Germany, and Canada.
As India is joining the party so late, the government should carefully choose the projects to invest. Collaborating with companies like Google or IBM may give a positive output, as these companies have relevant experience and expertise in the area. Hence, the government should act fast and make the right decisions to avoid falling behind, technologically.
+ But better late than never, India came to join the party recently. Only a few days ago, the Indian government announced their plan to invest Rs.8000 crores ($1.12 billion) in quantum computing research over the next five years. Nirmala Sitharaman, the finance minister of the country said that the scheme is created to boost the research for the technology under the National Mission of Quantum Technology and Application project.
+ As other countries are on their way to achieve Quantum Supremacy, India is pretty new to the area. There are not many projects under the technology too. The Department of Science and Technology (DST) set up a research project last year. The Quantum-Enabled Science & Technology (QuEST) is the one project which is underway with an investment of Rs.80 crores ($11.2 million). It is set up in an institute in the city of Hyderabad.
Source: Beebom. Beebom Staff, India Finally Invested in Quantum Computing Research…
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