Wednesday, February 05, 2020

India bets big on quantum technology

India does not want to be left behind in the race for quantum technology! They are going to invest heavily in research infrastructure.

"India’s considerable investment in the field places it alongside the United States, Europe and Russia. In December 2018, US President Donald Trump signed a bill to invest US$1.2 billion over five years in a national quantum initiative, and in 2016, Europe pledged US$1.13 billion for quantum technologies. Russia is also spending the equivalent of hundreds of millions of dollars on quantum technologies."

India bets big on quantum technology: Latest budget includes more than a billion dollars in funding for quantum computing, communications and cryptography.


Union Finance Minister Nirmala Sitharaman during a press conference after presenting the Union Budget 2020-21, India

India’s finance minister, Nirmala Sitharaman

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