Adani Enterp. 2643.65↑317.55(13.65%)
Adani Ports 754.00↑24.30(3.33%)
Apollo Hospitals 4580.15↓-25.15(-0.55%)
Asian Paints 3111.80↑26.90(0.87%)
Axis Bank 917.50↓-0.05(-0.01%)
B P C L 368.65↑7.05(1.95%)
Bajaj Auto 4535.15↑11.90(0.26%)
Bajaj Finance 6835.40↑42.35(0.62%)
Bajaj Finserv 1430.60↑17.60(1.25%)
Bharti Airtel 800.75↓-1.10(-0.14%)
Britannia Inds. 4546.85↑47.90(1.06%)
Cipla 927.45↑2.50(0.27%)
Coal India 238.50↓-0.20(-0.08%)
Divi's Lab. 3382.00↑117.00(3.58%)
Dr Reddy's Labs 4475.55↑17.90(0.40%)
Eicher Motors 3546.90↑1.45(0.04%)
Grasim Inds 1696.75↓-21.60(-1.26%)
H D F C 2702.90↓-1.85(-0.07%)
HCL Technologies 1129.05↑9.20(0.82%)
HDFC Bank 1641.50↑0.45(0.03%)
HDFC Life Insur. 564.80↓-2.20(-0.39%)
Hero Motocorp 2682.70↓-9.45(-0.35%)
Hind. Unilever 2643.50↑5.40(0.20%)
Hindalco Inds. 411.00↑3.30(0.81%)
ICICI Bank 954.80↑4.45(0.47%)
IndusInd Bank 1260.00↑13.85(1.11%)
Infosys 1308.80↑16.00(1.24%)
ITC 427.65↑2.90(0.68%)
JSW Steel 705.05↑0.45(0.06%)
Kotak Mah. Bank 1926.00↓-14.20(-0.73%)
Larsen & Toubro 2203.75↓-12.85(-0.58%)
M & M 1258.60↓-6.95(-0.55%)
Maruti Suzuki 9191.20↑34.55(0.38%)
Nestle India 21502.90↑8.10(0.04%)
NTPC 174.65↑0.55(0.32%)
O N G C 165.95↑0.35(0.21%)
Power Grid Corpn 235.20↑0.85(0.36%)
Reliance Industr 2464.50↑9.50(0.39%)
SBI Life Insuran 1158.15↑7.35(0.64%)
St Bk of India 579.40↑2.25(0.39%)
Sun Pharma.Inds. 938.05↑0.60(0.06%)
Tata Consumer 764.65↓-1.45(-0.19%)
Tata Motors 529.15↑6.65(1.27%)
Tata Steel 105.40↑0.40(0.38%)
TCS 3321.95↑23.25(0.70%)
Tech Mahindra 1115.10↑10.65(0.96%)
Titan Company 2700.60↓-11.95(-0.44%)
UltraTech Cem. 7716.80↑1.15(0.01%)
UPL 676.70↑6.30(0.94%)
Wipro 400.50↑4.75(1.20%)

India's Quantum dreams: The impact of tech on economy could be significant

With the National Quantum Mission, India hopes to accelerate breakthroughs in medicine, logistics, and finance, solving complex problems faster than ever before

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5 min read Last Updated : May 14 2023 | 10:35 PM IST

Last month, India embarked on an exciting new journey that could help it swiftly tackle the most complex problems that once took years to solve, whether they be tailoring medicines to individuals’ unique genetic makeup, conducting real-time analysis of financial markets, or ensuring secure communication.

Spearheading this change is the National Quantum Mission (NQM), which was approved by the Union Cabinet in April, with a total outlay of Rs 6,003 crore over the next six years. The investments will be directed towards research and development, and creating an innovative ecosystem in quantum technology within the country.

With this, India joins the league of six nations that includes the US, China, Finland, Austria, France and Canada, which are leading the research in this field.