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IT Madras to receive ₹242 crore grant for research on Lab Grown Diamonds-Business Journal

The Indian Institute of Technology, Madras (IIT-M) will receive Rs 242 crore as research grant for research and development of lab grown diamonds (LGDs), the institute said on Thursday.

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

The Indian Institute of Technology Madras will be provided a grant of ₹242 crore over a period of five years to undertake research on Lab Grown Diamonds (LGD). This research will be focused on driving the indigenization of the LGD manufacturing process.

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

We are proud to announce our latest donation of Rs.232 crore to as per a recommendation made by the Department of Commerce, the research grant of ₹242 crore over a period of five years to IIT Madras has been approved, says a release.
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