Stage is set for an R&D centre—the Indian Institute of Nanoscience and Technology—in Bengaluru, with funding support from the Central government. The Karnataka government has gone one step ahead and announced the setting up of a Nano Park in Bengaluru. According to the Karnataka Chief Minister, a state of the art Nano Park would be set up near Bengaluru International Airport, which will house a Nano incubation centre with world class facilities to develop this sector on similar lines as IT services/products and biotechnology.
The entire framework for the Nano park has been put in place and the global tender for the setting up of the Nano Park—the first of its kind in India—would be announced on the January 16, 2012.
The location is over 25 acres and in-depth discussions are on with the Indian Institutes of Technology ( IITs) and Indian Institute of Science, Bengaluru about details of the nanotech parks.
There are about 55 nanotech companies in India, spread across a huge spectrum, right from textiles to electronics to waste management and even nano tubes manufacturing. A majority of these are based in Bengaluru while a few are in Mumbai.