The nanotechnology market in India is expanding quickly, with numerous applications in the healthcare, consumer items, energy, and the military sector.
Image Credit: TonelloPhotography/Shutterstock.com
The government of India has funded various nanotechnology projects, start-ups, and corporations. Due to rising demand and research and development, the nanotechnology market in India is projected to grow with a compound annual growth rate of 19.1% in the next decade.
Application Areas of Nanotechnology in India
One of the main areas where nanotechnology is being applied in India is in the healthcare sector, with the development of nanomedicines and drug delivery systems.
Nanoparticles and nanocarriers have improved the effectiveness and targeting of drugs to reduce side effects and increase patient outcomes. Other areas where nanotechnology is utilized in India include energy storage and production, water treatment, and materials science.
Rite Water produces filtration systems that can remove various contaminants, such as fluoride, arsenic, and nitrates. The company uses a combination of electrolysis and nanotechnology in its products, such as NanoBlue, which can purify up to 50,000 liters of water per day.
Rapid Bacterial Detection
Module Innovation has developed a strip to detect bacterial contamination without requiring specialized equipment or experienced personnel. These strips use nanotechnology to enhance their detection capabilities.
The strip changes color when it comes into contact with bacteria, making it easy to identify the presence of contamination. The company also offers one-time and reusable nanofiber strips that can specifically detect Enterohaemorrhagic Escherichia coli.
Bilcare's Non-Clonable Technology
Bilcare has created a security technology called nonClonable that utilizes the unique magnetic and optical properties of nano and micro-structured composites to provide a reliable system to detect counterfeit tags in packaging.
Nanoclean designs nanotechnology-based nasal filters to remove particulate matter and other contaminants from the air. The filters are also claimed to help treat sleep apnea.
Recent Developments in Nanotechnology in India
Nanotechnology research in India has been increasing due to significant investments in the field over the past two decades.
2D Nanosheets as Anodes in Li-ion Batteries
A collaborative research team from the Indian Institute of Technology (IIT) and Japan Advanced Institute of Science and Technology (JAIST) demonstrated that using 2D titanium diboride nanosheets in lithium-ion batteries can improve their performance.
This research suggests that using 2D titanium diboride nanosheets in lithium-ion batteries could lead to faster charging and longer battery life. In addition, the nanoscale size of the TiB2 material allows it to exhibit promising properties, including excellent high-rate capability, pseudocapacitive charge storage, and maintain its performance over multiple cycles.
These characteristics make it a good candidate for use in lithium-ion batteries.
New Active Filaments Mimic Biology to Transport Nano-Cargo
Researchers from the Institute of Mathematical Sciences and the Indian Institute of Technology Madras have developed a new method for quickly transporting nano-colloidal particles suspended in gels or fluids. This new design is inspired by micro-scale movements and can transport these nanoparticles more efficiently than conventional diffusion methods.
The team designed a practicable active transport engine, significantly advancing the understanding of the role of momentum conservation in active systems.
The new design for transporting nano-colloidal particles has potential applications in targeted drug delivery, insemination, and other areas where defective motility is an issue. In addition, this research could significantly impact the field of therapeutic interventions.
Current Market of Nanotechnology in India
The foundation of nanotechnology in India was laid by the Nanoscience and Technology Mission (NSTM) led by the Department of Science and Technology (DST) during the 10th plan period (2002-2007) with an initial budget of $12 million.
The nanotechnology market in India is expected to see significant growth in the coming years, with a projected CAGR of 19.1% over the next decade. This growth is driven by increasing demand for nanotechnology-based products in the healthcare and energy industries.
Nanotechnology is targeted to utilize India's diverse natural resources to meet the country's growing needs in various sectors, including electronics, medicine, clean food and water, and high-quality textiles.
Following are some companies and exciting start-ups operating in the nanotechnology market of India:
NoPo Nanotechnologies is a manufacturer of advanced nanomaterials, specifically single-walled carbon nanotubes. The company uses a modified HiPCO process to produce its single-walled carbon nanotubes.
It claims that these nanotubes are 1000x more conductive than copper and 100x stronger than steel and can be used in solar cells and as thermal conductors.
Amnivor Medicare is a healthcare company that uses nanotechnology to extract collagen from fish scales. The company claims that this resource is abundant and cheap. Its collagen and collagen-based products can treat various ailments such as burns, diabetes, and chronic wounds.
Nanosentrix produces conductive inks for use in printed electronic devices. The ink is made with conductive materials like carbon nano, graphene, and graphite and has RFID printing, printable sensors, and flexible electronics applications.
Nanospan manufactures and supplies various types of graphene, carbon nanomaterials and nano-silicon-based flexible electrodes and anode for supercapacitors and Li-ion batteries.
It also provides nanomaterial characterization and testing services using advanced equipment such as high-resolution transmission electron microscopy, Fourier transform infrared spectroscopy, and atomic force microscopy.
Kanopy Techno Solutions
Kanopy Techno Solutions offers nanotechnology and electrochemistry solutions, including multiscale simulation, electrochemical instrumentation, nanofluidics, and nanofabrication technologies.
Saint-Gobain Glass India
Saint-Gobain Glass India produces a type of glass called SGG NANO, which has thermal insulation properties and advanced energy-efficient solar control. The glass is made by applying multiple layers of specialized nanometric metallic oxides and nitrides through magnetically enhanced nanotechnology-based cathodic sputtering in a vacuum. This process helps to improve the glass's performance in terms of energy efficiency and insulation.
Auto Fiber Craft
AFC Powders produces specialized nanomaterials, including Nano-sized Silver Powder for electronic applications such as pastes and conductive inks, and RFID technology.
AVANSA Technology & Services
AVANSA Technology & Services specializes in synthesizing and analyzing nanomaterials for industries, institutes, and universities that use nanotechnology. The company also manufactures graphene, carbon nanotubes, and various nanoparticles.
Future of Nanotechnology in India
The growth of nanotechnology in India has been driven by the belief that this technology can address societal challenges, such as access to healthcare and clean drinking water, while also boosting the economy through the development of nanotech-based industries.
As public awareness grows, India can use nanotechnology to educate and build new infrastructure, providing the highly skilled workforce needed for a knowledge-based economy and positioning the country for success in the global nanotech revolution.
However, increased funding, including long-term funding for well-organized research programs with significant outcomes, is necessary. In addition, collaboration among research centers across the country can lead to more effective results.
References and Further Reading
American Institute of Physics. (2017). New active filaments mimic biology to transport nano-cargo: A new design for a fully biocompatible motility engine transports colloidal particles faster than diffusion with active filaments. ScienceDaily. Available at: www.sciencedaily.com/releases/2017/01/170110120650.htm
Auto Fibre Craft. (2022). Nano Structured Materials and Specialty Chemicals. [Online]. http://nano.autofibrecraft.com/
AVANSA, (2022). AVANSA Technology & Services: About Us. [Online]. https://www.avansa.co.in/
Godwin, A., (2019). HiPCO® Single-walled carbon nanotubes as a Diagnostic and Therapeutic Agent. [Online]. https://nopo.in/web/hipco-single-walled-carbon-nanotubes-as-a-diagnostic-and-therapeutic-agent/
Grand View Research, (2022). Nanomaterials Market Size, Share & Trends Analysis Report By Product (Gold, Silver, Iron, Copper, Platinum, Titanium, Nickel, Aluminum Oxide), By Application (Aerospace, Automotive, Medical), By Region, And Segment Forecasts, 2022 - 2030. [Online]. Available at: https://www.grandviewresearch.com/industry-analysis/nanotechnology-and-nanomaterials-market
Japan Advanced Institute of Science and Technology. (2022). 2D nanosheets as anodes in Li-ion batteries: The answer is in the sheets. ScienceDaily. Retrieved from www.sciencedaily.com/releases/2022/10/221031104437.htm
Kumar, A., (2014). Nanotechnology development in India: an overview. New Delhi: Research and Information System for Developing Countries. Available at: https://www.ris.org.in/sites/default/files/Publication/DP%20193%20Amit%20Kumar.pdf
Manna, R.K., Kumar, P.S. and Adhikari, R., (2017). Colloidal transport by active filaments. The Journal of Chemical Physics, 146(2), p.024901. https://doi.org/10.1063/1.4972010
Module Innovations., (2022). Precision Diagnostics for Infectious Diseases. [Online]. http://moduleinnovations.com/
Nanospan., (2022). Nanospan: About Us. [Online]. https://nanospan.com/about-us/
Nanowerk., (2022). Bilcare. [Online]. https://www.nanowerk.com/nanotechnology-companies.php?url2=Bilcare.php
Saint-Gobain Glass India. (2022). SGG Nano Silver. [Online]. https://in.saint-gobain-glass.com/product/sgg-nano-silver
Samal, S.S. and Manohara, S.R., (2019). Nanoscience and Nanotechnology in India: A broad perspective. Materials Today: Proceedings, 10, pp.151-158. https://doi.org/10.1016/j.matpr.2019.02.200
Shefali, G.R., Devi, M., Chhabra, P. and Prasad, B. (2016). March. Role of nano science in development of India. In National Conference on 'Role of Science and Technology Towards Make in India'held on 5–7 March, 2016 at YMCA University of Science and Technology. https://www.researchgate.net/publication/301345920_Role_of_Nano_Science_in_Development_of_India
Statnano., (2022). Ozonation System (Nano Blue). [Online]. https://product.statnano.com/product/12241/ozonation-system-(nano-blue)
Tracxn., (2022). Nanotechnology Start-ups in India. [Online]. Tracxn. Available at: https://tracxn.com/explore/Nanotechnology-Startups-in-India
Varma, A., Badam, R., James, A.L., Higashimine, K., Jasuja, K. and Matsumi, N., 2022. Titanium diboride-based hierarchical nanosheets as anode material for Li-ion batteries. ACS Applied Nano Materials, 5(11), pp.16154-16163. https://doi.org/10.1021/acsanm.2c03054
Verdict., (2022). Nanoclean Launches World's Smallest Wearable Air Purifier. [Online]. https://www.verdict.co.uk/nanoclean-launches-worlds-smallest-wearable-air-purifier/