 "Water splashes image via Shutterstock")
The company is set out to develop its global footprint, according to company's statement.
Prof Bhaskar Ramamurthy, Director, IIT Madras announced the finalising of agreement with NanoHoldings (NH).
With an aim to make India an exporter of water technologies, and to support the Make in India efforts of the government, the company plans to set up a manufacturing facility, a research laboratory and technology delivery offices across North America, Asia and Africa, he said.
NanoHoldings is a US-based energy and water investment specialist firm has supported global patenting activity for the team and IIT Madras for the past four years.
These technologies are destined to change the world in a significant way said Justin Hall-Tipping, CEO of NH in a statement.
Nano Mission is looking forward to more such efforts concerning the basic needs of people and we are ready to support them, said Dr Rajiv Sharma, Director, Nano Mission of the DST.
This is perhaps first of its kind global expansion programme for academia-born Indian material technologies in India.
Prof. Bhaskar Ramamurthi, Director of IIT Madras said "we are making continuous efforts in core technology areas and our mission is to make technology relevant locally", he said.
