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Amid growing tech market segment, India which is still on 58th rank in World’s top 500supercomputers in terms of computing speed, set its plan to be the World’s fastest supercomputer maker, breaking the record of IBM Sequoia.

The ‘Made in India’ petaflop and exaflop range of supercomputers would be 61 times faster than IBM Sequoia and could be come in home of Indians by 2017 as a technical project plan has drawn by C-DAC, Center for Development of Advanced Computing.

Telecom and IT Minister Kapil Sibal who is much conscious about this project wrote a letter to Prime Minister Manmohan Singh, over this supercomputer developing plan which will cost of Rs 4,700 crore over 5 years.

According to source, in his letter, Sibal told PM that as like previous Department of Electronics and Information Technology (DEITY) should be given tasks for overall supercomputing activities including a National Apex Committee establishment to check the implementation of the proposed Supercomputing Mission and C-DAC would be the in-charge.

An Exaflop, much faster than one petaflop that performs thousand trillion floating point operations per second, is left behind the fastest supercomputer ‘Sequoia’ has 16.32 petaflops computing speed.

Meanwhile, if Indian govt. granted permission for this developing project, then this would be really a historical phase for a news chapter in Technology market with world’s fastest Supercomputer.