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In a significant step towards bolstering India’s technology capabilities, IBM, a global leader in innovation and technology, has signed a Memorandum of Understanding (MoU) with the Government of India. The MoU, signed during a high-level meeting between IBM executives and Indian government officials, aims to foster collaboration in the fields of semiconductors, artificial intelligence (AI), and quantum computing.

Highlighting the pivotal nature of this collaboration, IT Minister Rajeev Chandrasekhar said, “This is certainly a very important day because these are the three of the four technologies that are going to shape the future of tech and innovation in the coming years – AI, Quantum (computing), and Semiconductor.”

The minister further underlined the vast opportunities this partnership presents for India’s technology sector and its populace.

Under the terms of the MoU, IBM will provide expertise, resources, and technological support to the Indian government’s initiatives in these cutting-edge technology domains. The partnership is expected to drive innovation, accelerate research and development, and enhance the country’s technological infrastructure.

India, with its burgeoning tech sector and rapidly growing digital economy, has been actively seeking collaborations with global technology giants to propel its capabilities in emerging fields. Semiconductors, AI, and quantum computing are seen as critical areas for India’s future growth, both economically and technologically.

Also Read | 97% of phones used in India are manufactured in the country: MoS IT Rajeev Chandrasekhar

IBM’s extensive experience in semiconductor manufacturing, AI research, and quantum computing make it a valuable partner for India in achieving its technological aspirations. The collaboration is expected to pave the way for India to become a hub for semiconductor manufacturing, bolster its AI capabilities in various sectors such as healthcare, finance, and agriculture, and make significant strides in the field of quantum computing.

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