Who is involved
Before the recent developments in quantum computing, expectations were modest, with many viewing the field as a distant prospect rather than an imminent reality. The global quantum computing market was projected to reach a size of $2.01 billion by 2025, with a compound annual growth rate (CAGR) of 36.0% anticipated from 2026 to 2035. However, this perception has shifted dramatically as nations and institutions ramp up their efforts in quantum technology.
The decisive moment occurred during the three-day Quantum Computing Conclave held at SRM University-A.P. in March 2026, which also featured a 36-hour national hackathon. This event brought together experts in quantum technology, including Sridhar C.V., Mission Director of Amaravati Quantum Valley, and Dhinakaran Vinayagamurthy, Manager of IBM Quantum India. Their participation underscored a collective commitment to advancing quantum technology in India.
As a direct effect of this conclave, the Andhra Pradesh government has set ambitious goals to establish Amaravati Quantum Valley as one of the top five global hubs for quantum research and technologies. SRM University-A.P. is at the forefront of this initiative, planning to develop a mid-sized quantum computer and a diamond-based quantum computer on campus. This strategic move positions the university as a key player in the quantum landscape.
The hackathon, a significant part of the conclave, aimed to foster innovation among participants. Top performers were promised internship or placement opportunities, along with start-up support at the Quantum Research and Centre of Excellence (QRACE). This initiative not only encourages talent development but also enhances the practical application of quantum computing in real-world scenarios.
Experts estimate that global investment in quantum technology exceeds tens of billions of dollars annually, reflecting the growing recognition of its potential. Quantum technology encompasses three domains: quantum computing, quantum sensing, and quantum networking. Among these, quantum computing stands out for its ability to use qubits that exist in superposition, enabling calculations that are exponentially faster than those performed by classical computers.
Ch Satish Kumar, Vice-Chancellor of SRM University-A.P., emphasized the significance of these developments, stating, “Andhra Pradesh made a promise to India and the world on quantum technology, and SRM-A.P. is proud to be part of it.” This sentiment resonates with the broader goal of achieving technological sovereignty for India, as articulated by Sridhar C.V., who remarked, “It is important that India achieves tech sovereignty.”
As quantum technology transitions from research to reality, the implications are profound. The shift signifies not only advancements in computing power but also the potential for breakthroughs in various sectors, including healthcare, finance, and logistics. However, the journey is not without challenges, as the complexities of quantum mechanics require ongoing research and development.
In summary, the landscape of quantum computing is undergoing a transformation, driven by strategic initiatives in India and a global surge in investment. While the future remains uncertain, the commitment of institutions like SRM University-A.P. and the support from government entities signal a promising trajectory for quantum technology.
