UK Minister for Science and Innovation Lord Sainsbury announced the formation of India-UK Science and Innovation Council to forge industry-oriented commercial research. This high-powered body, with participation by the Prime Minister's Science Advisory Council, will focus on scientific cooperation and research in biotechnology, nanotechnology, materials science, and mobile communication. He also highlighted a new UK-India Educational and Research Initiative with a seed funding of UKP 10 million and matching contributions from the industry. This body will encourage opportunities for Indian students to study in the UK and British students to study in India.