IIT-M Will Open A National Lab For Diamonds

06 / 02 / 2023

The grant of ₹242 crore out of the Budget to the Indian Institute of Technology, Madras...

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has gingered-up activity on research into lab-grown diamonds (LGD) at the institute, which...

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now intends to set up a National Centre for Lab-Grown Diamonds.

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The Budget has promised to reduce Customs duty on imported ‘seeds’ to grow the diamonds in the lab.

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IIT-M will primarily concern itself with research into developing technologies for producing seeds in India.

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