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Union Minister Jitendra Singh has said that the Science & Technology industry will be expected to be a major resource contributor in all the future StartUp ventures and other new technology initiatives. The Minister further noted that all will have to be equal stakeholders right from the beginning and for this the Industry will also have to change its earlier mindset of looking up to the government for everything.  

Singh said there will be Industry linkages right from the beginning, creating an optimum ecosystem for innovation. Active involvement from the industry and the capital to push the quantum start-up ecosystem in India is required to boost the industry. The Minister also said ‘As compared to the policy paralysis previously, the Modi Government rolled out a clear cut policy planning, with Digital India and Make in India paving the framework for a robust indigenous manufacturing environment. As a result we witnessed a quantum jump before Quantum Technology came our way.’ 

Besides, Singh said India has the potential to become an attractive destination for quantum R&D, software development, and components and equipment manufacturing, thus leading to a huge number of job opportunities. Meanwhile, India currently has nearly a hundred quantum projects of which about 92 per cent are sponsored by the Centre.