India produced over 40 quantum technology start-ups in 2 years: Jitendra Singh

HORNBILLTV
June 16,2024 02:17 PM
HORNBILL TV

Highlights

Union Minister Dr Jitendra Singh said India has produced over 40 quantum technology start-ups in 2 years, a few of them with global potential.

New Delhi [India], June 16 (HBTV): Union Minister Dr Jitendra Singh said India has produced over 40 quantum technology start-ups in 2 years, a few of them with global potential.

 

Chairing a review meeting of the Department of Science and Technology in New Delhi on Saturday, he directed the officials to focus on the flagship National Quantum Mission and work on the development of quantum technologies and quantum communication.

 

“India is currently on an equal pedestal with other nations in terms of quantum technologies,” the minister said during the meeting, adding that our mission should be to establish India as a global leader in quantum technologies.

 

Highlighting the role of start-ups and the private sector in the development of Science and Technology, the minister shared the success story of ‘QuNu Labs’, a Bangalore-based start-up incubated by ‘IIT Madras’ which has signed an MoU with the Technology Development Board TDB for development of security products based on Quantum Technologies.

 

Women’s Participation in extramural research and development (R&D) doubled in the last 10 years” on the increased participation of women after the special efforts by the government in the last decade and promote women scientists and researchers through fellowship STEM programme, he said.

 

The Science and Technology Minister expressed his satisfaction that India is becoming the ‘Start-up capital of the world’ from a few hundred before 2014 to more than 1.25 lakh in 2024 and more than 110 unicorns with start-ups doing excellent work even in critical areas such as Space sector.

 

He also highlighted the massive jump in India’s ranking in the Global Innovation Index from 81st in the year 2015 to 40th in 2023. He emphasized the fact that India ranks 3rd in terms of the number of Publications and number of PhDs awarded in Science and Engineering.

 

The Union Minister also enquired about the progress of the existing National geospatial mission, the Interdisciplinary Cyber-Physical Mission. He also highlighted the government’s efforts in bringing legislation on Anusandhan NRF.

 

(ANI)  This is a syndicated news feed. HBTV has edited it for clarity.