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The Indian Government has proposed to commit 5,000 INR crore (about 940 million USD) to supercomputing research during the 12th five-year plan period (2012-2017). The project will be handled by Indian Institute of Science (IISc), Bangalore. Additionally, it was later revealed that India plans to develop a supercomputer with processing power in the exaflop range. If approved, it will be developed by C-DAC within the subsequent 5 years of approval.