India at 12th position globally lagging behind others in public investment in quantum tech initiatives - News Summed Up

India at 12th position globally lagging behind others in public investment in quantum tech initiatives


In contrast, China leads with investments of $15.3 billion so far.In terms of quantum science and technology (QST) startups globally, India is, however, at the 6th position with 53 startups. The strategy report, unveiled by PSA Ajay Kumar Sood, shows the US has received approximately $6.9 billion in quantum funding. This represents more than 4.5 times the investment of the next biggest investment destination, the UK, which received $1.44 billion. In contrast, India received only $30 million of private investment.The strategy report marks a significant step toward articulating India’s outward-facing strategy in Quantum Science, Technology, and Innovation (QSTI). "We need to be an active player in defining the global standards for Quantum Tech.


Source: The Times April 15, 2025 07:29 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */