Who is involved
Before the recent developments in quantum computing, expectations were primarily centered around theoretical advancements and limited practical applications. The field was largely viewed as an emerging technology, with significant investments but few tangible outcomes. Many experts believed that while quantum computing held immense potential, it was still years away from becoming a mainstream technology.
However, a decisive moment occurred during the Quantum Computing Conclave held at SRM University-A.P. from March 24, 2026. This three-day event, which included a 36-hour national hackathon, showcased the growing interest and investment in quantum technologies. The conclave featured industry leaders and experts, such as Sridhar C.V., Mission Director of Amaravati Quantum Valley, and Dhinakaran Vinayagamurthy, Manager of IBM Quantum India, who led training sessions and discussions on the future of quantum technology.
The immediate effects of this conclave were profound. The Andhra Pradesh government announced its ambition to establish Amaravati Quantum Valley as one of the top five global hubs for quantum research and technologies. Furthermore, SRM University-A.P. revealed plans to develop a mid-sized quantum computer and a diamond-based quantum computer on campus, signaling a commitment to advancing quantum research and education.
Participants in the hackathon were motivated by the opportunity to secure internships or placements, along with start-up support at the Quantum Research and Centre of Excellence (QRACE). This initiative not only fosters talent but also enhances the practical application of quantum computing skills in real-world scenarios.
According to industry reports, global investment in quantum technology exceeds tens of billions of dollars annually, with the quantum computing market projected to grow from $2.01 billion in 2025 to $40.45 billion by 2035, reflecting a compound annual growth rate (CAGR) of 36%. This rapid growth underscores the shift from theoretical research to practical applications, as quantum computing utilizes qubits that exist in superposition to perform calculations exponentially faster than classical computers.
Expert voices emphasize the significance of this transition. Ch Satish Kumar, Vice-Chancellor of SRM University-A.P., stated, “Andhra Pradesh made a promise to India and the world on quantum technology and SRM-A.P. is proud to be part of it.” Similarly, Sridhar C.V. remarked, “It is important that India achieves tech sovereignty,” highlighting the strategic importance of developing indigenous capabilities in quantum technology.
As quantum technology continues to evolve, it is crucial to recognize that the shift from research to reality is not instantaneous. An anonymous expert noted, “Quantum technology is transitioning from research to reality – just not all at once.” This perspective encourages patience and understanding as the industry navigates the complexities of developing practical quantum solutions.
In summary, the developments at SRM University-A.P. and the broader investments in quantum technology signal a transformative era for the field. As India positions itself as a key player in the global quantum landscape, the implications for research, technology, and economic growth are profound. The future of quantum computing is not just a promise; it is becoming a reality, with significant advancements on the horizon.