The Securities and Exchange Board of India (SEBI) has announced a strategic initiative to safeguard India’s capital markets from potential threats posed by quantum computing, with a target operational date set for 2028. SEBI Chairman Tuhin Kanta Pandey emphasized the necessity of preparing for the disruptive nature of quantum technology, which could compromise traditional encryption systems. The action plan involves a phased approach—discovery, preparation, and implementation—tailored to ensure that all regulated entities become quantum-ready. This initiative is significant as it underscores India’s commitment to maintaining the integrity of its financial systems in the face of emerging technological challenges, thereby enhancing the resilience and security of the nation’s capital markets.