New Delhi: Eighty-five percent of executives and senior leaders surveyed advocate intensifying efforts in quantum research and talent development, underscoring the transformative potential of this technology, according to a report by Primus Partners.
The survey, which collected information from 200 senior executives and CXOs, reveals that sectors such as cybersecurity, healthcare and artificial intelligence could witness unprecedented advancements through quantum computing.
The role of quantum computing as a catalyst for change is that nearly 75 per cent of respondents consider it a critical technology for India’s future.
The top predicted areas of impact are Artificial Intelligence (AI) and Machine Learning, and 79.4 percent of leaders predict that quantum algorithms will redefine these fields.
Cybersecurity and cryptography follow closely at 68.1 percent, as quantum processing power promises to strengthen encryption and protect critical digital infrastructure.
61 percent of respondents cited healthcare, including drug discovery, as a key beneficiary, with Quantum’s potential to revolutionize treatment design and disease prevention.
Investment in research and development (R&D) takes the top spot, with 74.5 per cent of respondents calling for substantial funding increases to boost quantum innovations and ensure India’s competitive position globally.
Skilled workforce development is also critical, with 61.7 percent of industry leaders emphasizing the need to cultivate a talent pool competent in quantum technology to lead future advancements.
Devroop Dhar, co-founder and CEO of Primus Partners, said: “This technology will significantly improve national security, drive economic growth and create millions of jobs. Our survey clearly indicates that industry leaders recognize the urgent need for investment strategies and development of skills in this field.”
About 63.1 percent of executives see their ability to improve financial systems, improving efficiency, transparency and security.
Meanwhile, 61.7 percent believe quantum computing could revolutionize access to healthcare, especially in underserved regions, transforming India’s social infrastructure and public health outcomes.
The survey highlights obstacles hindering the rapid development of Quantum, chief among them the high cost of R&D, identified by 70.9 percent of respondents. Furthermore, the lack of qualified talent, noted by 62.4 percent, remains a pressing problem.
Leaders emphasized that to overcome these barriers, cross-sector collaboration is essential. A collaborative framework between government, the private sector and international organizations is crucial for funding and skills development to drive quantum advances.
According to the survey, 32.6 percent of respondents expect practical quantum applications within three to five years, while 27.7 percent foresee this transition within the next five years.
As countries around the world invest in quantum technology, India’s ability to secure a leadership role depends on timely investment, strong talent development and global partnerships. (ANI)
