Finance Minister Nirmala Sitharaman inaugurated the new premises of Indian Institute of Gems and Jewellery in Udupi today. Speaking on this occasion, she said that the new training institute will provide professional training to youth and young entrepreneurs.

The institute is equipped with 41 jewellery manufacturing, CAD, casting, testing and finishing machinery, and full production line facilities. Nirmala Sitaraman witnessed the signing of MoU between the Institute and IIT Madras for a specialised industry-oriented certification programme in lab-grown diamond technologies.