1. Advancement of Knowledge: It helps in keeping up with the latest advancements in catalysis, including the development of new catalysts and catalytic processes. 2. Economic Growth: Enhanced capabilities can lead to the development of more efficient industrial processes, thereby boosting the economy. 3. Sustainability: With improved skills and knowledge, researchers can develop more sustainable and environmentally friendly catalytic processes. 4. Innovation: Increased capacity fosters innovation and the creation of novel solutions to complex chemical challenges.