A remarkable 85% of executives and senior leaders passionately advocate for increased efforts in quantum research and talent cultivation, highlighting the transformative potential of this cutting-edge technology. This insight emerges from a comprehensive survey conducted by Primus Partners of 200 senior executives and CXOs, which points to industries such as cybersecurity, healthcare and artificial intelligence as likely to experience innovative changes through quantum computing.

Quantum computing is identified as a crucial catalyst for change, with nearly 75% seeing it as a critical technology for India’s future. In particular, Artificial Intelligence (AI) and Machine Learning lead the areas of predicted impact, supported by 79.4% of industry leaders who predict that quantum algorithms will reshape these fields significantly.

Cybersecurity also emerges as a significant beneficiary, with 68.1% of respondents anticipating improvements in encryption and protection of vital digital infrastructure. Healthcare also stands to gain, as 61% of respondents highlight the potential of quantum computing to innovate drug discovery and disease prevention.

Investment in research and development (R&D) emerges as a top priority, with 74.5% supporting significant funding incentives to boost quantum innovations and ensure India’s global competitiveness. At the same time, developing a skilled workforce is critical, with 61.7% emphasizing the importance of cultivating competent talent in quantum technology to drive future breakthroughs.

Devroop Dhar, co-founder and managing director of Primus Partners, said: “This technology will significantly enhance national security, drive economic growth and create millions of jobs. Our survey clearly indicates that industry leaders recognize the urgent need for strategic investment and skills. development in this field”. In addition, 63.1% of executives recognize its potential to refine financial systems, improving efficiency, transparency and security.

Additionally, 61.7 percent believe quantum computing could transform healthcare delivery, especially in underserved regions, reshaping India’s social infrastructure and public health outcomes. However, the survey also highlights barriers to rapid quantum development, particularly the high costs of research and development identified by 70.9 percent and the pressing issue of a shortage of skilled talent noted by 62.4 percent.

Leaders stress the critical need for cross-sector collaboration to overcome these challenges. A cooperative framework involving government, the private sector and international organizations is vital to the funding and capacity-building efforts that propel quantum advances. According to the survey, 32.6% of respondents expect practical quantum applications to materialize within three to five years, while 27.7% predict this transition will occur within five years.

With nations investing globally in quantum technology, India’s potential to assume a leadership position rests on prompt investment, comprehensive talent development and global partnerships.

(With contributions from agencies.)