Quantum technology to grow the Indian economy by 2030

Quantum technology to grow the Indian economy by 2030
Photo by Christian Wiediger / Unsplash

Quantum technology could add $310 billion to the Indian economy by 2030, according to a new report from Nasscom.

The report notes that sectors such as manufacturing, high-tech, banking, and defense would lead the charge in adopting quantum technologies for critical and large-scale use cases.

Some of the Indian-based technology companies that are creating use cases for quantum technologies and proof of concept for clients include Tata Consultancy Services, HCL Technologies, Infosys, Tech Mahindra, Zensar, Mphasis, and Coforge.