India’s Ministry of Electronics and IT (MeitY), and the Directorate-General for Communications Networks, Content and Technology (DG CONNECT), European Commission signed an “Intent of Cooperation on High Performance Computing (HPC), Weather Extremes & Climate Modeling and Quantum Technologies”.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
More About this:
The agreement builds on commitments by both sides for deepening technological cooperation on quantum and high-performance computing during the India-EU leaders meeting on May 8. “Moreover, the signing of the agreement assumes significance in the context of the decision to set up EU-India Trade and Technology Council (TTC)” on April 25, an EU statement said.
Significance Of This Development:
The agreement signed is aimed at facilitating collaboration on high performance computing applications using Indian and European supercomputers in areas such as bio-molecular medicines, Covid-19 therapeutics, mitigating climate change, predicting natural disasters and quantum computing, the statement said.
What Has Been Said:
MeitY secretary Alkesh Kumar Sharma said high performance computing is tackling some of the world’s biggest challenges and the demand for such systems is increasing rapidly in various domains. Under this partnership, India and the EU will leverage expertise from both sides to optimise high performance computing towards developing advanced technology solutions in multiple fields.
DG CONNECT director general Roberto Viola said combining the experience and expertise of India and the EU, and building on long-standing cooperation and trust can “help one another overcome the greatest challenges of our age, Covid-19 and climate change”. The agreement will also allow the two sides to jointly explore the frontiers of quantum technologies, he said.
About India-EU Trade and Technology Council(TTC):
The India-EU TTC is a strategic mechanism that gives New Delhi access to advanced technologies and allows the two sides to set standards in crucial areas such as 5G and artificial intelligence. This is the first such trade and technology council set up by India with any of its partners. For the EU, it is only the second such body, following the first one set up with the US.
The proposal for setting up the council came from the EU side and India agreed to it as it will allow the two sides to work on issues such as 5G, artificial intelligence, quantum computing, climate modelling and health-related technology.
Find More News Related to Agreements