Muthoot Group to Step into Kerala Education Sector

Published on: 06 May, 2013
Published under: Cochin District News, Education News Kerala, Ernakulam District News

5 May 2013

Muthoot Group the leading Gold Loan Company is planning to invest in Kerala Education Sector. The group is planning to invest Rs 100 crore in Kerala’s education sector over the next three years. “The engineering college will be in a 20-acre campus at Varikkoli, near Kolencherry in Ernakulum district. Muthoot Institute of Science and Technology will only be 10 kms away from Kochi,” said George Alexander Muthoot, MD of the group.

According to him, candidates within the first 15,000 positions at the state entrance examination will be offered admission with fees at par with government-run engineering colleges. Those with more than 80% marks in Mathematics will also be considered for this.

The engineering college has received the approval of All India Council for Technical Education (AICTE) to run courses in electronics and communication, computer science, electrical and electronics, mechanical and civil engineering.

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