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Rs. 1,000 crore allotted for Nano Mission

Special Correspondent

CHENNAI: If India has to excel in nanotechnology, we need investments in the range of Rs 5,000 crore to Rs 10,000 crore every year, according to A. Sivathanu Pillai, Defence Research and Development Organisation Scientist and Chief Controller–R&D.

Delivering the keynote address at the third Nanotechnology Conclave 2008, organised here on Wednesday, he said the Indian Government had allotted Rs. 1,000 crore to Nano Mission for carrying out research and development over five years. But nanotechnology deserved much more than that.

A sum of Rs. 200 crore had to be distributed among institutions.

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