Centre Approves Rs 118 Bn Expansion for Five New IITs
ECONOMY & POLICY

Centre Approves Rs 118 Bn Expansion for Five New IITs

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a Rs 118.29 billion expansion plan for five Indian Institutes of Technology (IITs) established post-2014. These include IIT Tirupati (Andhra Pradesh), IIT Palakkad (Kerala), IIT Bhilai (Chhattisgarh), IIT Jammu (Jammu & Kashmir), and IIT Dharwad (Karnataka).

The investment, to be made over four years from 2025–26 to 2028–29, supports Phase-B construction aimed at enhancing academic and infrastructure capacity. The plan also includes the creation of 130 new professor-level faculty posts (Level 14 and above).

As part of the initiative, five state-of-the-art research parks will be developed to promote industry-academia collaboration.

Student Expansion Targets:
The student intake across undergraduate, postgraduate, and PhD programmes will grow by over 6,500 across four years, with year-wise increases of 1,364 in the first year, 1,738 in the second, 1,767 in the third, and 1,707 in the fourth.

Currently accommodating 7,111 students, these five IITs will support a total of 13,687 students once expansion is complete.

Employment and Economic Impact:
The expansion will generate direct employment through faculty, administration, and research appointments. Indirect economic benefits are also expected in surrounding areas through increased demand for housing, transport, and local services. The additional graduates are anticipated to contribute significantly to India’s innovation, startup ecosystem, and skilled workforce.

National Reach:
Although located in specific states, these IITs admit students from across the country, ensuring the benefits of the expansion reach every region.

Budget Context:
As announced in the Union Budget 2025–26, the total number of students in all 23 IITs has doubled over the past decade—from 65,000 to 135,000. The new infrastructure will accommodate an additional 6,500 students in the five IITs established after 2014.

Background:
IITs in Palakkad and Tirupati began operations in 2015–16, followed by Bhilai, Jammu, and Dharwad in 2016–17. All five are now functioning from their permanent campuses and are poised for the next phase of growth under this centrally funded initiative.

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a Rs 118.29 billion expansion plan for five Indian Institutes of Technology (IITs) established post-2014. These include IIT Tirupati (Andhra Pradesh), IIT Palakkad (Kerala), IIT Bhilai (Chhattisgarh), IIT Jammu (Jammu & Kashmir), and IIT Dharwad (Karnataka).The investment, to be made over four years from 2025–26 to 2028–29, supports Phase-B construction aimed at enhancing academic and infrastructure capacity. The plan also includes the creation of 130 new professor-level faculty posts (Level 14 and above).As part of the initiative, five state-of-the-art research parks will be developed to promote industry-academia collaboration.Student Expansion Targets:The student intake across undergraduate, postgraduate, and PhD programmes will grow by over 6,500 across four years, with year-wise increases of 1,364 in the first year, 1,738 in the second, 1,767 in the third, and 1,707 in the fourth.Currently accommodating 7,111 students, these five IITs will support a total of 13,687 students once expansion is complete.Employment and Economic Impact:The expansion will generate direct employment through faculty, administration, and research appointments. Indirect economic benefits are also expected in surrounding areas through increased demand for housing, transport, and local services. The additional graduates are anticipated to contribute significantly to India’s innovation, startup ecosystem, and skilled workforce.National Reach:Although located in specific states, these IITs admit students from across the country, ensuring the benefits of the expansion reach every region.Budget Context:As announced in the Union Budget 2025–26, the total number of students in all 23 IITs has doubled over the past decade—from 65,000 to 135,000. The new infrastructure will accommodate an additional 6,500 students in the five IITs established after 2014.Background:IITs in Palakkad and Tirupati began operations in 2015–16, followed by Bhilai, Jammu, and Dharwad in 2016–17. All five are now functioning from their permanent campuses and are poised for the next phase of growth under this centrally funded initiative.

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?