"Our government proposes to establish a state-of-the-art Nano Park in Bangalore, which will have nano incubation centre along with necessary physical infrastructure and support system including common facilities," Siddaramaih said at the inauguration of '6th Bangalore India Nano' in Bangalore.
"I'm sure that this initiative will give a major fillip to the nanotechnology industry to blossom in the state in the coming years," he added.
It was inaugurated in the presence of eminent scientist, Bharat Ratna awardee CNR Rao and Nobel Laureate Sir Andre Geim. The event is being organized by the Department of IT, BT, S&T - Government of Karnataka and Vision group on Nanotechnology.
Siddaramaiah said that the Indian Institute of Nano Sciences and Technology is being established in Bangalore with the funding support from Union Government under the nano mission at an estimated cost of Rs 100 crore.
The state government has already allocated 14 acres on Tumkur road for locating this institute, he pointed out.
Stating that Bangalore has always been a trend setter in encouraging new wave of industrial development, he said, "In knowledge-based industrial development, Bangalore has reached iconic stature. I am delighted to state that the city is acclaimed as one of the top 10 Technopolises in the world."
Calling on scientists to come up with tangible nano-technology-based solutions for food security, energy security, water purification, medicine and health care, the Karnataka CM said, "The ultimate purpose of science and research should be to address the huge challenge in these areas."
Rao said that India is number three in the world in the area of nano sciences and commended the contribution of institutes like Indian Institute of Science and Jawaharlal Nehru Centre for Advanced Scientific Research.
He said, "We have made reasonable progress; we have a long way to go. We should not forget the importance of science. Science should also focus on solving human problems and improve the quality of life," he said.