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Posted: November 1, 2008

Confederation of Indian Industry to push nanotechnology

(Nanowerk News) To make Indian industry a part of the nanotechnology revolution, the Confederation of Indian Industry (CII) has decided to tie up with educational and research institutes in the country under its 10-point action plan.
The CII action plan aims to empower Indian industry to come out with commercial nanotechnology products, which it believes will drive the future of industry worldwide.
The action plan includes awareness creation, training and skills development, technology facilitation and networking and facilitating collaborative projects.
According to CII, it is important for Indian industry to become part of the nanotechnology revolution, which is projected to become a $1 trillion market by 2015.
CII hopes that the action plan will set the stage for Indian industry to excel by providing value added services in nanotechnology.
As part of its action plan, the CII has urged the government to establish a strong network of infrastructure facility to support industry.
According to it, facilities in institutes like the IISc and the IITs should be made available to the industry on a ‘pay per use’ basis.
Also, support for collaborative industrial projects should be accelerated and preference should be given for research projects from institutes which have already tied up with an industry.
It has urged the industry to join hands with not only private and government research institutes but also with other industries that could form part of the resultant value chain.
This would enable efficient usage of nanotechnology related infrastructure.
Simultaneously, it must create awareness among consumers about the benefits of nanotechnology related products even as it takes active part in all regulatory and standard related processes relating to this technology.
The action plan also states that a dedicated skill development initiative is required to support the development of a suitable human resource base in this emerging technology, and standards and procedures must be developed and harmonised with international standards.
Source: Sakaal Times