Budget: IIT Madras to receive ₹242 cr grant for research on Lab Grown Diamonds

IIT Madras to receive ₹242 crore grant for research on Lab Grown Diamonds

The research grant of ₹242 crore over a period of five years to IIT Madras has been approved

Budget: IIT Madras to receive ₹242 cr grant for research on Lab Grown Diamonds

Union finance minister Nirmala Sitharaman in her budget speech on Wednesday had announced a grant to one of the IITs for five years for undertaking research on Lab Grown Diamonds (LGD)

IIT Madras to receive Rs 242 Cr for research on synthetic diamonds

The Union Budget grant to develop indigenous lab-grown diamond technologies has been given to IIT Madras.

Union Budget 2023: IIT Madras to get Rs 242 crore for research on lab grown diamonds

IIT Madras will receive the grant over a period of five years to undertake research on LBD which will be established in its research park and labs.