Indian nanotech industry seeks collaborative partnership
Jyothi Kiran, Thursday, April 16, 2009 | Category: Industry
Rs 1000 crore in the next five years planned for the nano-mission created by the department of science and technology India, but where are the collaborative partners?
Why is the Indian trinity consisting of the research community, academia and industry not partnering together but working in silos, asks Dr. T Ramasami, Chairman, TNTDPC Governing Body & Secretary to Government, Department of Science and Technology, Government of India.
Since 2001, the total investments made in Nanotechnology by DST have been $144 million. The eleventh five year plan has dedicated investments worth US$ 200 million for the technology. The department has setup 11 centres of excellence and proposed three institutes on Nanotechnology in Mohali, Bangalore and Kolkata.
India is positioned on the strategic map for nano products as Indian investments in the technology match that of Ireland, Canada and Switzerland. Nanotechnology is applied in industrial applications, production technology, pharmaceuticals, healthcare, agriculture, transportation and electronics among others. It is yet to come of age, and presents huge scope for
business.
The market for nanotechnology is anticipated to grow at a CAGR of 33% between 2008 and 2015.>>More
Tags: academia, Confideration of Indian Industries, nano industry, nano products, nanotechnology, Research
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