VIT University and SRM University which are under construction at Inavolu and Neerukonda respectively in the capital region of Amaravati will begin classes from coming academic year — from July 19 at VIT and SRM from August 7.
VIT is going to have 660 graduations, 120 postgraduation and 50 Ph.D. seats. VI is going to invest 1200 crore by 2022 in building the campus in an area of 60 lakh sqft to accommodate 12,000 students. SRM is going to come up in 10 lakh sqft area at a cost of 3000 crores.
This year SRM is going to have 240 students. The construction is almost complete. Apart from these two, the state government is trying to bring in international institutions to the capital before 2018 in order to make Amaravati an economic growth engine of the State.