Indian Economy News

India, EU ink pact on climate, quantum tech

  • IBEF
  • November 22, 2022

Building on the Trade and Technology Council, India and the European Union (EU) signed an agreement on collaboration on Monday in sectors like climate modelling and quantum technologies.

In a virtual ceremony, the European Commission's Directorate-General for Communications Networks, Content, and Technology (DG CONNECT) and India's Ministry of Electronics and Information Technology (MeitY) signed the "Intent of Cooperation on High-Performance Computing (HPC), Weather Extremes and Climate Modelling, and Quantum Technologies."

The deal builds on promises made by both parties to expand their technological cooperation in quantum and high-performance computing at the India-EU leaders' meeting on May 8.

According to a statement, the agreement signed on Monday aims to make it easier for Indian and European supercomputer users to work together on high-performance computing applications in fields like biomolecular drugs, COVID-19 therapeutics, mitigating climate change, forecasting natural disasters, and quantum computing.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.