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Nanotechnology brings UK and India Together
UK and India has joined hands to form a joint NWG (Nanotechnology
Working Group) to thrust the development and expansion of advanced
technologies. The NWG will be formally launched in coming 2 months as a
part of British governments move to prop up the nanotechnology sector of
UK in the international arena.
Nanotechnology is a branch of science that has the capability to speed
up the development in many industries. Nanotechnology can break the
existing silicon limits and make computers much faster by creating
smaller and more competent microchips.
Bob Driver, Director, High-tech sectors, UK Trade and Investment (UKTI),
a govt. body, which helps companies operating overseas, says the working
group will take the nanotechnology higher and bridge the India and UK
technologically together.
Driver, in news published by Computing, says, The nanotechnology
initiative between India and the UK will help create an environment that
sparks co-operation. He added that the onus of attracting investments in
the UKs R&D (Research & Development) work is on UKTI. He stressed on the
growing interest in nanotechnology and says, We have a coherent network
of nanotechnology centers of excellence and a healthy number of
companies which have been successfully invested in.
David Sharp, nanotechnology expert, UKTI, says the nanotechnology
expertise of UK ranks in the top 5 countries of the world.
He states, The UK is up there along with the US, Japan, Germany and
Korea, but there is a lot of co-operation between countries. The science
is pushing forward and has an impact on every sector.
Nanotechnology sector make the UK economy richer by adding around 23
Billion annually to it and this market share is expected to grow
two-fold by 2015. As per UK Trade and Investment, number of companies
operating in nanotechnology sector in UK doubled between fiscal 2003-04
and 2004-05.
According to RNCOS report The World Nanotechnology Market (2006), like
other developed nations, UK too has recognized nanotechnology as one of
the important fields to develop a knowledge-based economy. The UK govt.
has identified Advanced Materials, Energy, Communication, Healthcare,
and Manufacturing as the potential sectors where nanotechnology will
significantly influence the British economy.
The research report also discusses global outlook of the nanotechnology
market, market analysis by products and applications, update on recent
developments in the market, and R&D funding agencies and nanotechnology
research centers in UK.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. It
has a team of industry experts who analyze data collected from credible
sources. They provide industry insights and analysis that helps
corporations to take timely and accurate business decision in today's
globally competitive environment.
For more information visit:
http://www.rncos.com/Report/IM060.htmm
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