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...
has gingered-up activity on research into lab-grown diamonds (LGD) at the institute, which...
now intends to set up a National Centre for Lab-Grown Diamonds.
The Budget has promised to reduce Customs duty on imported ‘seeds’ to grow the diamonds in the lab.
IIT-M will primarily concern itself with research into developing technologies for producing seeds in India.