Scindia releases commemorative Postage Stamp in Memory of Sant Malukdas Ji (See 'Corp Brief') Khadse reviews sports ecosystem in Mizoram; visits SAI Aizawl (See 'Corp Brief') NTPC WR-I Hqs gears up to host Mumbai Regional Round of NTPC Electron Quiz (See 'Corp Brief') Competition Act - Regulatory decisions taken in exercise of statutory powers not subject to review by CCI; authority concerned is not amenable to scrutiny u/s 4 of Competition Act: CCI (See 'Legal Desk') Conventional to Smart Mining: Technology Transformation of Coal India Ltd (See 'Corp Brief') NSTFDC joins hands with HPCL for Computer Lab-cum-Smart Classroom in 29 Eklavya Schools (See 'Corp Brief') Repair before Replace, Reuse before Discard, Recover before Waste, says Yadav (See 'Corp Brief') SEBI - Penalty order under SEBI (PFUTP) Regulations unsustainable where foundational findings regarding volume of manually deleted orders & manipulative intent are perverse & contrary to the record: SAT (See 'Legal Desk') Varuna Elevated Corridor: Balancing Heritage, Mobility and Growth in Varanasi (See 'Corp Brief') Commercial Coal Mine Auctions: Powering Aatmanirbhar Bharat Through Transparency (See 'Corp Brief') Capital Market - Release of escrow amount maintained for buyback does not bar separate inquiry into alleged fraud under PFUTP Regulations: SC (See 'Legal Desk') Postal Employee Organisations hail the Government for 'reinventing' India Post (See 'Corp Brief') DFS wins First Prize under 'Rajbhasha Kirti' for 2025-26 (See 'Corp Brief') IBC - Where a plausible dispute requiring further investigation exists & the defence is not patently feeble, a petition u/s 9 cannot be admitted: NCLT (See 'Legal Desk') India world's largest Vaccine producer and global supplier by volume: MoS (See 'Corp Brief') Mizoram's Railway Lifeline completes One Year of Success (See 'Corp Brief') PBPT - Transfer of funds by beneficial owner to purchase properties in names of relatives without demonstrable loan agreements or independent source of income is classic benami transaction under the Act: SAFEMA Tribunal (See 'Legal Desk') Expanding coal production and infrastructure while widening opportunities in Central India (See 'Corp Brief') Cochin Shipyard Ltd and Drydocks World Form JV To strengthen India's Ship Repair Industry (See 'Corp Brief') FEMA - Financial difficulties do not excuse non-compliance with mandatory FEMA requirements - Funds received via FDI cannot be utilised or diverted for purposes other than those for which they were received: SAFEMA Tribunal (See 'Legal Desk') Next Subscription Economy may arrive with Telecos monthly bills (See CORP EINSICHT)

Quantum Computing to be at core of growth: MoS

Published: Jan 31, 2023

By TIOLCorplaws News Service

NEW DELHI, JAN 31, 2023: THE Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar yesterday said that Quantum Computing will be at the core of India's growth and expansion in India's Techade.

"It is PM Narendra Modi's vision to create a India centric Quantum tech ecosystem with partners and players around the world. We are working together to build an ecosystem of innovation, along with startups, R&D laboratories, higher education institutions. Quantum Computing will be at the core of the growth and expansion in India's Techade," Rajeev Chandrasekhar said, while virtually inaugurating a two-day Symposium on the Quantum Computing Ecosystem held at C-DAC, Pune.

The symposium aims to project India's capabilities in Quantum Computing. It aims to explore the technologies, systems and subsystems which make up the building blocks of quantum computers and bring about a synergy among key stakeholders to build a commercial scale Quantum Computer.

Rajeev Chandrasekhar spoke about the disruptive role of Quantum Computing and pointed out that it is going to be the next big idea that will disrupt technology in general and computing in particular.

"We need to really work together to build a complete quantum ecosystem of innovation, startups, research labs, higher academic institutions, domestic companies, foreign companies, foreign academics for creating an India centric Quantum Ecosystem that works very well with other partners and players around the world," the Minister said.

Emphasising that Technologies such as Quantum Computing will be at the core of country's economic expansion in the India decade, Rajeev Chandrasekhar said, "On one hand of the spectrum at the cutting edge we intend to build capabilities in quantum and high performance computing and on the other hand we want to build consumer products, digital products, devices and solutions and allow more digital empowerment of the 1.2 billion Indians who will be connected to the internet by 2025-2026."  

The Minister said the Hon. Prime Minister, Narendra Modi Ji's vision is to transition India from being a mere consumer of technology to being an architect and designer and producer of technology and spoke of how the Government has created an electronics manufacturing ecosystem from scratch in the past eight years-- making India a trusted partner in the global supply chain of electronics. 

This event was also attended by Alkesh Sharma, Secretary, MeitY, Bhuvnesh Kumar, Additional Secretary, MeitY, Prof. Barry Sanders, University of Calgary, Canada, Prof. Andrew Briggs, Oxford University & Chair QuantrolOx, UK, E. Magesh, DG, C-DAC, Sunita Verma, Group Coordinator, R&D in IT, MeitY, Dr. Ekta Kapoor, Head, FFT Division, DST, Dr. Preeti Banzal, Scientist 'G' and Adviser, PSA, GoI, Col. A.K. Nath (Retd.), Executive Director, Corporate Strategy and C-DAC, Pune, Dr. Anindita Banerjee, Adjunct Scientist, C-DAC R&D and senior scientists from research labs and industries from India, Israel, Netherlands, Switzerland, Finland and USA.

TIOL CORP SEARCH

TIOL GROUP WEBSITES