The global market for silver nanowire-based
conductive ink and adhesive is projected to surpass $16.87B by 2032 due to a
rapid increase in the electronics, semiconductor, solar photovoltaic, and RFID
market. The
market growth can be attributed to key factors, including robust demand from
end-use industries. India imports ink worth no more than $15,72,000 every year.
The United States of America, the People’s Republic of China, the Netherlands,
the United Kingdom, and Taiwan are the major exporter countries.
The transferred technology has been developed under
the project funded by the Ministry of Electronics and Information Technology
(MeitY), Govt. of India and jointly implemented by Prof. Sarang Gumfekar,
IIT Ropar and Prof. Shirish Sonawane, NIT Warangal.
Silver nanowire-based conductive ink
is used commonly to repair or improve circuits on printed circuit boards. The
ink is used in flexible electronics (foldable devices/screens such
as computer keyboards, windshield defroster), RFID tags, wearable
devices, sensors, display technologies, solar panels, etc.
The technology transfer event took place in the
august presence of Shri Bhuvnesh Kumar, IAS, Additional Secretary, & CEO,
UIDAI, MeitY, GoI, Smt. Sunita Verma, Group Coordinator, MeitY, GoI, Prof.
Rajeev Ahuja, Director, IIT Ropar, Prof. Bidyadhar Subudhi, Director, NIT
Warangal, Shri Surendra Gotherwal , Scientist, MeitY, GoI.
Speaking at the event, Shri
Bhuvnesh Kumar Chief Guest,
highlighted the transformative potential of developed indigenous
nanosilver-based conductive ink technology in the field of semiconductor ecosystem
having applications in flexible electronics, electronic packaging,
displays, solar photovoltaics, RFID tags, etc. While congratulating
the startups, he suggested for the large-scale manufacturing of silver
nanowires and the production of conductive ink in the country. He added that
the developed technology can reduce India’s conductive ink import for advanced
electronic material applications.