Nanotechnology is being heralded as the fastest developing technology that will redesign the future of several technologies,products and markets.Nanotechnology has become one of the important sectors,which is drawing immense interest,and it will replace most of the existing technology in use today.It is widely publicised to be an important technology that is going to change every aspect of our lives and lead to generation of new capabilities,new products and new markets.Because of its potential to change fundamentally whole fields oftechnology,it will not only influence technological development in the near future,but will also have decisive economic,ecological and social implications.Nations are focusing on thi emerging technology in particular and serious research as vvell as industry efforts are being made.Terminology,segments,potential application & risk to the environment is discussed here.
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