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`Nanotech funding has gone up substantially'

Our Bureau

Applications in healthcare, auto, IT, biotech

Kolkata , Nov. 23

Nanotechnology is finding increasing applications in sectors such as healthcare, biotechnology, automotives, aerospace, information and communications technology, advanced manufacturing, energy security and environment, among others, according to Prof Mark Welland, Director, Nanoscience Centre, University of Cambridge.

Delivering the valedictory address at `Building futures - First Indo-UK nanotechnology conference' here on Tuesday, Prof Welland said global funding on nanotechnology had gone up substantially and so was the interest in it. The number of papers published on the subject has gone up from 20 in 1990 to 630 in 2005 and further to 1,027 as on date in 2006.

Several top companies in the world were owners of patents on nanotechnology. These include NEC with 105 patents, L'Oreal with 80 patents and companies such as Hitachi, IBM and ICI with 90, 69 and 22 patents, respectively.

Prof Welland quoted Nobel laureate Horst Stomer who had said: "Nanotechnology has given us the tools to play with the ultimate toy box of nature, atoms and molecules. Everything is made from it. The possibilities to create new things are limitless".

Prof Amit Raychaudhuri, Director of S.N. Bose National Centre for Basic Sciences, said the National Nanoscience & Technology Initiatives under the Department of Science & Technology was focused on three objectives - to fund centres of individual excellence, to organise funding for nano projects and to facilitate manpower development in the arena of nanotechnology.

About 100 funded projects have been taken up. In February, a national meet on nanotechnology will be held in Hyderabad, he said.

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