Mumbai
More than 80% (85%) of Indian industry leaders are urging for substantial investments in quantum computing, a technology expected to revolutionize multiple sectors. As India advances its National Quantum Mission, 75% of the surveyed leaders consider quantum computing a game-changer for the country’s future, according to a report on Monday.
Key sectors anticipated to benefit most from quantum advancements include artificial intelligence and machine learning (79.4%), cybersecurity and cryptography (68.1%), and healthcare and drug discovery (61%). Devroop Dhar, Co-founder of Primus Partners, highlighted the technology’s potential to address complex challenges in fields like materials science and financial modelling.
Since the launch of the National Quantum Mission in April 2023, over 600 scientists and more than 50 startups have been working in quantum technology across India. The mission aims to build critical capabilities in quantum science and technology.
Industry leaders also emphasize the need for increased investment in research and development (R&D), with 74.5% calling it a priority. Additionally, developing a skilled workforce is essential for India to maintain a competitive edge in the global quantum race. Around 61.7% of respondents stress the importance of creating a highly-skilled talent pool to drive the next generation of breakthroughs.
However, the report also identifies challenges to the widespread adoption of quantum computing, including the high cost of R&D, talent shortages, and the need for stronger cross-sector collaboration.
