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November 4th, 2007
Just months after the proposal for a Nano Park was announced, the Department of Science and Technology (DST) of the Centre has made public its plans to establish an Institute of Nano Science and Technology here.
T. Ramasami, Secretary, Department of Science and Technology, told presspersons here on Saturday that Rs. 100 crore would be invested in the project for five years under the Nano Science and Technology Mission that had been granted Rs. 1,000 crore by the Centre. With an anticipated 200 researchers, it would be one of the three such institutes in the country - the other two had been planned in Kolkata and in Mohali, Chandigarh.
"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, Dr. Ramasami said.
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