Nano technology is showing new paths of innovation in many traditional industries like medicine and textile industry. The two main reasons for the popularity of this latest technology are:
- Nano technology makes it possible to make existing products and processes more cost effective and unbelievably small.
- New products developed on the basis of nanotechnology are more durable and efficient.
Impact of Nanotechnology in the IT industry
Nano technology has particularly impacted the IT industry in a big way. India, which has seen phenomenal growth in the IT sector over the last decade and the growth is continuing unabated has seen the increasing popularity of nanotechnology in different sectors and its commercial acceptance.
Manufacturers of computer chips and other hardware are embracing nanotechnology as it has the potential of producing of smaller and faster computers with larger memories. It has helped in creating computer chips and other devices that are many times smaller than what other current technologies permit. Following are some of the innovations possible because of nanotechnology
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