India Transfers Indigenous Silver Nanowire Conductive Ink Technology to Start-Ups
India has taken a decisive step towards technological self-reliance by transferring its indigenous silver nanowire-based conductive ink technology to two start-ups, Chematico Technologies Private Limited (IIT-Ropar incubated) and Vasanthbala Functional Materials Pvt Ltd (NIT Warangal incubated). The landmark event, held on January 11, 2025, at NIT Warangal, aims to reduce India’s reliance on imports for conductive inks, a market currently valued at approximately $1.57 million annually. This move is set to bolster the country’s electronics manufacturing capabilities while unlocking the vast potential of advanced materials like silver nanowires.
Silver nanowire-based conductive ink is a game-changer in electronics, offering exceptional conductivity, flexibility, and transparency. Below are some of its notable specifications and applications:
The technology’s versatility has far-reaching implications for various industries:
Flexible Electronics
Wearable Devices
Solar Energy
Consumer Electronics
Printed Electronics
Medical Applications
Environmental Protection
The global market for silver nanowire-based conductive ink and adhesives is forecasted to surpass $16.87 billion by 2032. Rising demand across sectors like semiconductors, solar photovoltaics, and wearable devices positions this technology as a cornerstone for future advancements. With India currently importing conductive inks primarily from countries like the USA, China, and the Netherlands, the indigenous development and manufacturing of this technology are expected to significantly reduce import dependency.
During the event, Shri Bhuvnesh Kumar, IAS, highlighted the significance of this technology transfer in strengthening India’s semiconductor and advanced electronics ecosystem. He stressed the importance of scaling up domestic manufacturing to meet the increasing demand for cutting-edge materials. The initiative aligns with India’s broader goals of "Atmanirbhar Bharat" (Self-Reliant India) and promises to elevate the country's global standing in the electronics and materials science sectors.
This achievement not only represents a milestone in India's journey towards self-reliance but also positions Indian start-ups to compete globally in the rapidly growing market for advanced conductive materials.