Indian Institute of Information Technology (IIIT), Ranchi on Wednesday finalised its budget for its permanent campus situated at Sanga Village of Kanke Block in Ranchi District and till the end of 2022 the construction of the main campus building will be completed.
In the presence of IIIT, Ranchi Director, Vishnu Priye and Ranchi Central Public Works Division (CPWD), Chief Engineer, MP Singh it was announced during a press meet organised at the ongoing centre at Namkum, Ranchi.
Addressing the media persons, Priye said that IIIT, Ranchi has taken a leap forward in establishing independent credentials amongst the 19 IIITs established by an Act of Parliament as 'Institute of National Importance' in Public Private Partnership (PPP) mode. The final budget of the main campus will be Rs 128 core and it is expected that students will start attending classes in the new campus from 2023 session.
“With the recent appointment of Chairman cum Managing Director, Intellect Design Arena Limited, Arun Jain as Chairman of Board of Governors, IIIT Ranchi is destined to reach new heights. With President of India as Visitor to IIIT, Ranchi and Ministry of Education as overseeing authority, the stakeholders are Government of India with 50 per cent of share, Government of Jharkhand with 35 per cent share, Central Coalfield Limited (CCL) with five per cent share, Tata Consultancy Service with five per cent share and Tata Technologies Limited with five per cent share,” Priye said.
The Director further said that migrating into interim campus at Jharkhand University of Technology Precincts, Namkum, Ranchi from premises of mentor institute NIT, Jamshedpur on August, 31, 2019, IIIT, Ranchi has establish state of the art academic structure and laboratories in interim campus and has finalised conceptual plan with CPWD for upcoming signature campus at 66 acres of land allotted by Government of Jharkhand at Sanga village of Kanke Block under Ranchi District. The academic curriculum is revised and updated for Ph D, M Tech in Computer Science and Engineering (CSE) with specialization in artificial intelligence and date science and Electronic and Communication Engineering (ECE) with specialisation in embedded system and internet of things, B Tech, B Tech (Honours) in CSE and ECE, he added.
“About 87.5 per cent of final year students got placement offers from reputed companies with a maximum package of Rs 12.5 lakh per annum and average package of Rs 6.90 lakh per annum. For the current final year batch in ongoing placement exercise, 30 percent of the students have got pre-placement offers with a package of Rs 20 Lakh per annum,” said Priye.
The Director also informed that IIIT, Ranchi, an institute of its own kind in Jharkhand, is moving ahead to provide industry-oriented skills and exposure to state of the art technology to its students. More from time to time we provide skill training to local people of Jharkhand, he added.