Tech sector hails Budget, says it aims to put India on world Quantum map

FM Nirmala Sitharaman's Budget has proposed a Rs 8,000 cr outlay over next 5 years to set up a National Mission on Quantum Technology and Applications

The Indian tech-industry has welcomed the thrust on emerging technologies, including quantum computing and building of data centre parks in the country in Finance Minister Nirmala Sitharaman’s Budget presented on Saturday. The technology could propel India to the forefront of hack-proof communication in sectors such as banking, defence and national and homeland security.

Sitharaman told Parliament this year's budget has proposed an outlay of Rs 8,000 crore over the next five years to set up a National Mission on Quantum Technology and Applications. "Quantum technology is opening up new frontiers in computing, communications, cybersecurity with wide‐spread applications," the FM said