India’s Ministry of Science and Technology Funding Nanotech R&D in Textiles and Other Sectors

An official from India’s Ministry of Science and Technology has said that the Indian government is planning to provide about US$23 million over the next five years to fund the ministry’s nanotechnology mission to create a “nanotechnology industry” in the areas of pharmaceuticals, cosmetics, textiles, and engineering products. The mission also intends to build research capacity at some research institutes and universities in India. The article says, “If the mission fructifies, the products that may eventually hit the market may include high-precision drug delivery tools for difficult-to cure diseases like cancer, long lasting medicated stents for implants, high-end cosmetics and higher quality television screens, besides many engineering products.”

Link to Article