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Iran hosts nanotech expo to flaunt its advances in nanotechnology

Saturday, 01 October 2022 9:36 PM [ Last Update: Saturday, 01 October 2022 9:37 PM ]

Yusef Jalali

Press TV, Tehran

From medicine to aerospace and agriculture, nanotechnology has its footprints in many industries. Iran's Nanotechnology Exhibition opens an aperture into some of the wildest applications of nano. The annual tech event has hosted over 200 Iranian firms to showcase their products.

Iran currently ranks 4th in the world in the production of nano-science. This comes as part of Iran's Nanotechnology Initiative Council’s first development plan, which has sought to advance nano-science in the country.

The second 10-year plan, which started in 2015, seeks to move nano-science from paper to the industry. In the meantime, the Nanotechnology Initiative Council is working on a third plan to trade Iranian nano-products in the global market.

Currently, Iranian nanotech products are exported to 49 countries, including China, Turkey and India. Over the past year, the total revenue made out of export of Iranian nano-products and equipment stood at roughly 500 million dollars.

Nanotechnology has been one of the fastest-growing fields in Iran, and this expo gives a quick glimpse into what Iran has to offer in this sector.

Experts say thanks to these advances, the country is now looking at nanotech as a viable alternative for oil in its bid to shift away from an oil-based economy.

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