After the announced proposal of a Nano Park in India, the Department of Science and Technology (DST) plans to set up an Institute of Nano Science and Technology in Bangalore. On Saturday, T. Ramasami, DST Secretary told the Press that the Rs. 100 crore shall be committed for the five-year project of the Nano Science and Technology Mission. With an expected 200 researchers, the project shall be among the three great institutes in the country, two of which had been planned in Mohali and Kolkata.

“The institute in Bangalore will be funded by the Department of Science and Technology and partnered by Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) and the Indian Institute of Science. The project will be completed in 18 months after permissions are obtained. The State Government had allotted 15 acres of land off Tumkur Road for the institute”, said Dr. Ramasami. According to Dr. Ramasami, nano-textiles, healthcare systems, water purifying, and agriculture emerged as significant fields for nanotechnology applications in the country.

M.N. Vidyashankar, Karnataka’s Secretary of the Department of IT said that a ‘‘Research-Industry Collaboration Hub” or “RICH” was organised to provide platforms for researchers looking for venture capitalists, an industry, and partnerships with investors, as part of the 2007 Bangalore Nano conference and exhibition. “If innovations are not backed by capital investments, they will not translate into technology, products and wealth creation for the country. RICH will bring investors and inventors together.

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