Shivraj Singh Chouhan lays foundation of Symbiosis Foundation's university

The foundation of the Pune-based Symbiosis Foundation's University of Applied Sciences was laid in Bada Bangdada area in Indore on Friday.

Being set up at an initial investment of Rs 150 crore, the foundation stone was laid by Chief Minister Shivraj Singh Chouhan.

"With the laying of foundation stone for the university established by Symbiosis Foundation, we hope that the country gets recognition in the world," the Chief Minister said in the presence of its Founder Chairman Shantaram Balvant Majumdar.

Chouhan stressed on skill development of youth in the state so that they get maximum employment opportunities. The Chief Minister said the government helps institutes like Narsee Monjee and Symbiosis set up their campuses in the state. After focusing on establishing basic infrastructure facilities, the state government's focus is on improving the health and education sector, for which it has drawn up a five-year plan, he said.

Symbiosis Foundation's Vice Chairperson Swati Majumdar said the insitute would invest Rs 150 crore initially to establish Symbiosis University of Applied Sciences.

The residential university will begin different courses from 2016 and in the next five years, nearly 5,000 students will study at this institute.