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The 3rd edition of Bangalore Nano organized by The Department of IT, BT and S&T, Government of Karnataka under the guidance of Vision Group on Nanotechnology featured a very interesting session on "Business Opportunities in Nanotechnology."
The session was chaired by Dr. Mano Manoharan - General Manager, Global Research, John F Welch Technology Center, GE Global Research, Bangalore and the participants included Dr. Sundararajan - Director, International Advanced Research Centre for Power Metallurgy and New Materials, Dr Amitava Pramanik - Chemistry Expertise Director, R&D Centre, Hindustan Unilever Ltd., and Dr. Henning Zoz - President, Zoz Group, Germany. The event was inaugurated on 08th December 2010 at the Lalit Ashok, Bangalore.
Declaring the session open, Dr. Mano Manoharan, briefly spoke about the importance of science reaching the masses and the necessity of innovations being translated into business opportunities.
Dr. Sundararajan - Director, International Advanced Research Centre for Power Metallurgy and New Materials, spoke on the challenges in commercialization of Nanotechnologies. Of late, there has been an increasing skepticism on the use of carbon in nanotechnology. He emphasized the need to invest more in R&D by industry stakeholders and the need for skilled manpower, not only for research, but for marketing too. The Nano Applications & Technology Development Programme (NATDP) encourages researchers and entrepreneurs by providing assistance upto Rs.50 lakh, if the PoC (Proof of Concept) is demonstrable. Start ups can avail of grants and interest free loans if PoCV (Proof of Commercial Value) can be demonstrated. Commercially viable Case studies were also discussed during the lecture.
Dr. Mano Manohar addressed the subject "Nano - Enabled Manufacturing: Transitioning from Science to Products" and familiarized the participants with the facilities available and the work being carried out at GE's premier research institute, John F Welch Technology Centre Bangalore. GE aims to work with eco friendly materials like nanoceramics to reduce the use of carbon in the field. GE is ultimately concerned about increasing the value for stakeholders in the company and has evolved strategies that enable high risk, high payoff research activities, like nanomanufacturing.
Dr. Amitava Pramanik - Chemistry Expertise Director, R&D Centre, Hindustan Unilever Ltd., spoke on Functional Nanostructures and some of its applications in everyday life. Hindustan Unilever Ltd., being an FMCG company, can directly translate the benefits of research to the consumers.
Nanomaterials have interesting optical, electronic and magnetic properties that can be utilized in the area of cosmetics, oral care products, food, fabric care gels, water purification and a host of other products.
Dr Henning Zoz - President, Zoz Group, Germany was very optimistic about the use of nanotechnology for zero-emission future transportation. The use of nanotechnology through ZentalliumR, ZoLiBatR and H2Tank2GoRZementRWPCRCERA-CNTRZentalliumR that uses Aluminum in enforced nanotubes instead of carbon; CNT LeichtmettalR to make light weight screws for high end bicycles.
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