Home / Knowledge / News / Action plan from CII for development of nanotechnology
Action plan from CII for development of nanotechnology
22
Sep '08
The Confederation of Indian Industry (CII) has put together a 10-point action plan 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 the CII, it was important for Indian industry to become part of the nanotechnology revolution, which is projected to become a $1 trillion market by 2015. In fact, the enhanced properties and cost savings are enticing the business around the world to embrace this new technology and Indian industry will have no choice but to become part of this market. 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 that have already joined hands with an industry.

The CII action plan states that a dedicated skill development initiative was 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.

More importantly, the CII has urged the government to set up a dedicated fund for commercialisation of nanotechnology products. This could even be in the form of soft loans, repayable after 5 years of sales at attractive interest rates.

Similarly, the CII has urged the Indian 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 takes forward the CII's nanotechnology initiative that was launched in 2002 to create a growth environment for industry through knowledge exchange missions, awareness programmes, workshops, market research and other range of services. CII is working closely with the Indian Government on bilateral international initiatives on knowledge sharing and technology linkages.

The CII action plan acknowledges that nanotechnology development in India is at a very early stage-few research institutes have developed products of commercial nature, notable being Indian Institute of Science, Bangalore and the Banaras Hindu University. However, a lot needs to be done before commercial nanotechnology products can be churned out by Indian Industry.

The CII notes that most of the developed nations are investing heavily on nanotechnology research, realizing its potential in societal and defence applications and India must join the race for the development of this clean and efficient technology.

Confederation of Indian Industry

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search