The proposed campus, to be set up on 250 acres of land, will require an investment of Rs 800 crore (Rs 8 billion), he said while replying to a submission on the necessity for setting up an IIT in the state.
Achuthanandan said the location for the IIT campus has not been finalised. The state government has informed IIT, Chennai to start the first batch during the 2007-08 academic year in the Thiruvananthapuram Engineering College.
The full-fledged campus of IIT will be completed within five years after starting the work on the campus, he said.