14-Mar-2023: Prussian blue insoluble formulations developed by the industry on a DRDO technology

Manufacturing and marketing licenses for the commercial use of Prussian blue insoluble formulations, developed under the Technology Development Fund (TDF) scheme, have been granted to Scott-Edil Pharmacia Ltd, Baddi, Himachal Pradesh and Skanttr Life science LLP, Ahmedabad, Gujarat by Drugs Controller General of India (DCGI). The drug has been developed by the industry based on the technology of Institute of Nuclear Medicine & Allied Sciences (INMAS), Delhi, a laboratory of Defence Research & Development Organisation (DRDO).

The drug will be available under the trade name of Pru-DecorpTM and PruDecorp-MG. The formulations are used for decontamination of Cesium & Thallium. It is one of the critical medicines listed by the World Health Organisation (WHO) for radiological and nuclear emergencies.

Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat has congratulated the Organisation as well as the industry on this achievement. He stated that the development of these drug formulations under the TDF project and the approval of DCGI is a successful endeavour of the DRDO for promoting the industry to achieve Prime Minister Shri Narendra Modi’s vision of ‘Aatmanirbhar Bharat’.

13-Mar-2023: Discovery of Lithium reserve in Jammu and Kashmir

GSI carried out a G3 stage mineral exploration project during Field Season 2020- 21 and 2021-22 in Salal-Haimna areas of Reasi district, Jammu & Kashmir and estimated an inferred resource (G3) of 5.9 million tonnes of lithium ore and the report has been handed over to the Government of Union Territory of J&K.

GSI proposes to carry out more exploration activities in J&K for identifying lithium resources. The estimated value of lithium in J&K will be estimated on completion of further exploration.

Geological Survey of India (GSI) generates baseline geoscience data through mapping, e.g. geological, geochemical, geophysical which is pre-requisite for identifying the potential area for systematic mineral exploration. Based on the mapping data, GSI carries out systematic mineral exploration activities for various major mineral commodities including lithium.

In part of Jammu & Kashmir, as a follow up of lithium exploration in Salal-Haimna areas of Reasi district, GSI has taken up another reconnaissance G4 stage exploration programme on lithium and associated mineral in Panasa – Dugga – Baldhanun – Chakar - Sangarmarg (Saro-da-Bas) area of Reasi district during current field season 2022-23 and the work is in progress.

Based on the mapping outcome more exploration programme on various mineral commodities including lithium will be taken up in future in different parts of the country including Jammu & Kashmir.

Five-year research grant to encourage indigenous production of lab-grown diamonds (LGD) machinery, seeds and recipe given to IIT-Madras

Project appraisal Committee has recommended the proposal, which has been approved by the Shri Piyush Goyal, the Hon'ble Minister for Commerce & Industry, Textiles, Food & Public Distribution and Consumer Affairs. Budget Support will be provided during the course of next five years.

The aim of this project is to provide, in mission mode, technical assistance to the industries, and entrepreneurs in the country, in promote indigenous manufacturing of both Chemical Vapour Deposition (CVD) and High Pressure and High Temperature (HPHT) systems along with the recipes for expanding the Lab Grown Diamond (LGD) business at the upstream end. Research efforts would make the technology available for startups at affordable cost, increase employment opportunities, increase exports of LGD thus play a significant role in fuelling India’s economic growth.

The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 9% to India’s total merchandise export. Over the past decade, there has been several positive developments in the Gem & Jewellery sector globally. One of the major technological developments in this sector has been Laboratory-grown diamonds (LGD).

Besides the jewellery industry, lab-grown diamonds are used in computer chips, satellites, 5G networks as they can be used in extreme environments due to their potential to operate at higher speeds while using less power than silicon-based chips. LGD has vast application in field of defence, optics, jewellery, thermal & medical industry.

Globally, the market stood at $1 billion in 2020, the lab-grown diamond jewellery market is expected to rapidly rise to $ 5 billion by 2025 and exceed $ 15 billion by 2035.

Lab grown diamonds are produced through 2 technologies, namely High-Pressure High Temperature (HPHT) and Chemical Vapour Deposition. India is one of the leading producers of lab grown diamonds using CVD technology. As per industry estimates, India’s share in global trade in the financial year 2021-22 was 25.8. However, we have to depend on other countries for the supply of critical machinery components and ‘seeds’ — which are the raw material for producing synthetic diamonds.

It is, therefore, imperative that India develops its own, indigenous technology for producing the critical machinery components seeds to remove the import dependence that we have in the case of natural diamonds. Good quality lab-grown diamonds with qualified certification, produced from the developed equipment and process parameters will attract many foreign customers increasing the export volume of lab-grown diamonds and scalability of production. The documented process parameters and the developed recipe will encourage new entrepreneurs to enter the lab-grown diamond business making it easier and cost-effective to set up the facility, start the business and generate employment.