According to media reports, more than 600 firms from 25 countries around the world are producing more than a thousand products of nanotechnology. However, Pakistan is a country that is not faring that well in this aspect of technology. The irony is that despite the country having a better infrastructure for the manufacturing and application of nanotechnology, there is a lack of development in this regard. The National Commission on Nano-Science and Technology (NCNST) which was formed in 2003 is no more functional according to the National Science and Technology and Innovation (ST&I) Policy 2012.
Recently, the nano-technology initiative was launched by Pakistan Council of Science and Technology (PCST). Nano-science deals with the study of matter at nano-scale, which is a billionth of a meter. The nanotechnology gives the ability to manufacture devices at a smaller scale for various applications.
Through the recently launched initiative the government is trying to bridge this gap between the infrastructure and its application. The scientists, engineers and researchers will get an opportunity to develop applications based on quantum properties. The nanotechnology applications can be used in the fields of medicine, energy, industry, foods and consumer goods.
The first country to launch a dedicated initiative for nanotechnology was the United States followed by other developed countries. The same kind of dedicated initiative is also being taken by developing countries, like Pakistan. The experts believe in by 2015, almost 18% of the consumer products in the market will have one or another form of nanotechnology. The revenue that would be generated by this 18% application is said to be $2.5 trillion by 2015.
In order for nanotechnology to expect growth in Pakistan, the private sector has to take interest in funding projects of research. However, this has been an excuse with the government in more often cases where the private sector is asked for its role and contribution, without any incentives and patronage from the government itself.
This kind of an approach of depending on the private sector to take a step in without any governing leads to difficulties and unnecessary challenges in the future. With the development of nanotechnology in Pakistan, application of technology and development of various sectors will become faster and better.