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Scientists, Researchers Must Get Freedom In Nano Space: Prof Rao
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At Bangalore Nano 2007, it was also noted that it is easy to spot the commercial potential of a research finding in nanotechnology, but the time-to-market is very long.
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Monday, December 10, 2007:
At a special session on Nanotechnology of Bangalore Nano 2007, Prof C N R Rao addressed more than 500 students from 23 engineering and medical colleges across Bengaluru. He shared with them the key aspects of nanotechnology and the excitement that lies in nano research. The students
were showed a 30-minute video on nanotechnology made at the JNCASR.
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Prof Rao urged the Government to give greater freedom for scientists and researchers of the country to continue their work in the institutions as researchers and at the same time explore new business opportunities through private ventures. India should follow the established models of developed countries. This would provide a better environment for the researchers to achieve greater economic growth for the country especially in the field of nanotechnology.
"The Indian researchers can make any nano-materials at any form required but the biggest challenge lies in assembling of these nano-materials. We are still looking at technologies to assemble these nano-materials to make final commercial products. There is a huge demand for nano-materials globally. India should be ideally catering to this global demand in the years to come," commented Rao.
At the RICH Conference session, 19 presenters from different companies, institutes and various laboratories from across the country showcased their platform and technology. This is the first initiative in the world for research and industry community concerned to nanotechnology to conduct business meetings.
In addition, on the second day of the event, a congregation of investors, scientists, heads of R&D organisations, senior executives from the industry, etc, expressed their views on the applications of nanotechnology. According to them, applications of nanotechnology extend from sensors, displays, transistors, data storage, storage of hydrogen for fuel cells, photovoltaic cells for harnessing solar energy, water purification to steel and rocket propellants. Nanotechnology companies across the world are realising seven-ten years are not enough to take a potential research finding to the market as a product.
Speaking on Venture Capital in Materials Science and Nanotechnology , Prof Anthony K Cheetham, dept of materials science and metallurgy, University of Cambridge, said, "It is easy to spot the commercial potential of a research finding in nanotechnology, but the time-to-market is very long. It is illustrated by lack of commercial success of many start-ups in the nanotechnology area."
Cheetham further said, "Earlier emphasis of venture capitals was on investments in the nanomaterials and nanotechnology area. In last two-three years, emphasis shifted towards cleantech area, with applications in solar energy, water treatment, energy storage, fuel cells, emission controls, etc. There are also some unanswered questions concerning toxicology issues as well as societal concerns."
"Nanomaterials can be made into nanoparticles, nanotubes, nanowires, nanorods and nanosheets. Nanotubes can substitute steel as they are 10 times stronger than steel and 6 times lighter. Nanocrystals of aluminum could be used for rocket propellants," added Cheetham.
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