Odisha HRD

Koustuv Group spreads its wings

March 2nd, 2008

The Koustuv group which currently has a diploma college (Koustuv School of Engineering) and  two operating engineering colleges (CoEB and KISD) has several more engineering colleges in the pipeline. They are Koustuv Institute of Technology (KIT), Khurda in Orissa and KITs in Ranchi and Kolkata. It also operates a plus two science college, Koustuv Institute of Science.  It has plans for a medical college  to be called Koustuv Research Institute of Medical Science (KRIMS). In regards to the medical college, there is a report in Telegraph regarding Koustuv’s success in its bid for a 400+ acres of land previously occupied by OTM. Following are some excerpts:

Koustuv Group, which recently got clearance from State Level Single Window Clearance Authority for a tin smelting plant at Khurda, has apparently emerged as front-runner in the auction of Orissa Textile Mills (OTM).

The state-owned composite cotton mill winded up in 2002.

Prabhat Ranjan Mallik, the chairman of Bhubaneswar-based Koustuv Group, was the foremost bidder with a fresh offer of Rs 43 crore for the OTM property and assets, including 422 acres of prime industrial land at Choudwar, in the final round of bidding in Orissa High Court yesterday.

The bidding vehicle set up afresh by Koustuv Group before the company affairs bench of Justice I.M. Quddusi plans to use the OTM factory complex for setting up a tin modulation unit.

“Moreover, a medical research centre comprising a state-of-the-art hospital and a medical college have been planned for the future,” said Koustuv Group counsel P. Mukherjee, while making a verbal bidding before the court. Mallik was also present in the company affairs court.

Entry Filed under: Bhubaneswar area medical colleges,Bhubaneswar-Cuttack-Puri- Khurda area (1),Private Engineering Colleges,Private medical colleges