Silver Nanowire-Based Conductive ink technology

13.01.2025

Silver Nanowire-Based Conductive ink technology

Why in the news?   

           In an event held at NIT Warangal, indigenous knowhow of silver nanowire-based conductive ink technology was transferred to two startups.

About Silver Nanowire-Based Conductive ink technology:

• It has been developed under the project funded by the Ministry of Electronics and Information Technology (MeitY), Government of India.
• The indigenous conductive ink technology holds the promise of reducing dependency on other countries, while also enabling India to tap into the rapidly growing demand for advanced electronic materials.
• Silver nanowire-based conductive ink is a versatile material used in:

○Flexible electronics (e.g., foldable devices, touchscreen displays, computer keyboards).

○Wearable devices and sensors.

○Solar panels and display technologies.

○RFID tags and windshield defrosters.

• The global market for silver nanowire-based conductive ink and adhesive is projected to surpass $16.87B by 2032 due to a rapid increase in the electronics, semiconductor, solar photovoltaic, and RFID market.
• The market growth can be attributed to key factors, including robust demand from end-use industries.
• India imports ink worth no more than $15,72,000 every year. The United States of America, the People's Republic of China, the Netherlands, the United Kingdom, and Taiwan are the major exporter countries.

                                                                  Source: PIB

Consider the following statements regarding silver nanowire-based conductive Ink:

Statement-I:It is used in flexible electronics and display technologies.

Statement-II:India is one of the major exporting countries of this ink.

Which one of the following is correct in respect of the above statements?

A.Both Statement-I and Statement-II are correct, and Statement-II is the correct explanation for Statement-I.

B.Both Statement-I and Statement-II are correct, and Statement-II is not the correct explanation for Statement-I.

C.Statement-I is correct, but Statement-II is incorrect.

D.Statement-I is incorrect, but Statement-II is correct.

Answer C