India Boosts Lab-Grown Diamond Sector
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India is boosting its lab-grown diamond sector by offering tax benefits and funding IIT Madras to establish a research center. Traditional diamond production uses the HPHT process, which mimics natural conditions but has size limitations. Korean scientists have innovated a new method to grow diamonds at lower temperatures and normal pressure, using a mix of elements and methane, resulting in purer and colorful diamonds.
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