MeitY Funded Ink-Manufacturing Technology Transferred to Two Startups

The indigenous conductive ink manufacturing technology, based on silver nanowires, has been successfully transferred to two startups: Chematico Technologies Private Limited (incubated at IIT Ropar, Punjab) and Vasanthbala Functional Materials Pvt Ltd (incubated at NIT Warangal, Telangana).

This technology, developed under a project funded by the Ministry of Electronics and Information Technology (MeitY), is a significant step towards reducing India's dependency on imported conductive ink.

The indigenous conductive ink manufacturing technology was jointly implemented by Prof. Sarang Gumfekar from IIT Ropar and Prof. Shirish Sonawane from NIT Warangal.

Conductive ink technology has a wide range of applications across industries due to its ability to conduct electricity while being lightweight, flexible, and cost-effective.

The ink has versatile applications, including flexible electronics, wearable devices, solar panels, RFID tags, and more. The global market for such technology is projected to surpass $16.87 billion by 2032, driven by demand in electronics, semiconductors, and renewable energy.

This development not only supports India's self-reliance in advanced materials but also aligns with the broader goals of fostering innovation and boosting the semiconductor ecosystem.

This collaboration highlights the synergy between academic institutions and government initiatives in advancing India's technological self-reliance.