Bangalore To Create A Buzz in Nanotechnology
By siliconindia | Tuesday, 26 December 2006, 06:00 Hrs
Bangalore: The Karnataka government is looking to boost the nanotechnology sector by hosting an event called Bangalore Nano in December 2007. The plan is to provide a platform for that would bring together leading speakers, start-ups in nanotechnology companies and the venture capital (VC) community. ?We are trying to bring all these players on a single platform to encourage entrepreneurs in the nanotechnology segment,? said State IT & BT secretary M. N. Vidyashankar. He also informed that there are few nanotechnology companies and has an opportunity to become a booming sector. Nanotechnology is applicable across diverse sectors from IT, BT and machine tool industry. Plans like setting up a nanotechnology incubation center are in the pipeline. The proposed location is 10,000-acre knowledge city based in the outskirts of Bangalore. This knowledge city to be developed under a public-private partnership model is to be finalized by March 2007. With the focus on the nanotechnology meet the state government has plans to introduce numerous changes to its annual IT and biotechnology events. Vidyashankar said that, as these meets are of international stature, they have already announced the dates for 2007 and 2008. Firstly it is looking to change the regular events by adding more content and conferences. BangaloreIT.in 2006 had its own crowd-puller in the IP zone, where numerous companies showcased its product development activity. The state government has already come out with the tenders for hosting next year?s IT event and similar the case of Bangalore Bio. For 2005-06, it had registered exports of 37,600 crore and is all set to cross 50,000 crore during the current fiscal.