Prof. Banerjee chairs the research council of CGCRI (Kolkata , India), the GTMAP program of ARDB, Govt. of India, and serves on the Technical Advisory Board of Midhani Ltd. He participates in the manufacturing initiatives of the Indian Institute of Science. He is also on the editorial board of the Annual Review of Materials Research and an associate editor of Philosophical Magazine. He has in the past chaired the research council of NIIST, Trivandrum and served on the Board of Governors of IIT Madras and on the board of Midhani Ltd as an government representative and independent director. He is a past president of The Indian Institute of Metals.