A Silicon Valley group to fund Silicon Institute to make it a university
The Silicon Institute of Technology in Bhubaneswar is one of the best private engineering college in Odisha. In Orissa JEE, after the government institutions in Burla and Bhubaneswar the next preferred college in recent years has been Silicon Institute (NIST Berhampur is a close second). A Silicon Valley group is planning to put Rs 150-300 crores on Silicon Institute of Technology in Bhubaneswar to upgrade it to a University. The group has already invested in SIlicon Institute resulting in the establishment of a branch in Sambalpur.
The new investment plan was announced in the Invest Bhubaneswar Symposium in Palo Alto on July 1st 2010. I was present during the announcement.
5 comments July 2nd, 2010