Russia to ‘track’ its nanotech, aims for 3% of market

April 17, 2009: Russia wants to develop a system to “track” all of its nanotech production and has set the goal of winning 3% of the global nanotechnology market by 2015, according to a report in The Moscow Times.

Anatoly Chubais, the head of RUSNANO, a Russian state-owned nanotech business group, said that nobody currently knows how much “nanotechnology production” there is in the country. So, the group is teaming with the State Statistics Service to develop a tracking system, he said.

Chubais made his comments at a meeting of the Russian Union of Industrialists and Entrepreneurs. The news agency Interfax reported that RUSNANO wants to help Russian companies win 3% of the global nanotechnology market by 2015 as part of the government’s drive to diversify the economy.

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