Miracle group setting up institute of science, tech

Miracle group of companies, which is in software business, is setting up Miracle Institute of Science and Technology at Bhoghapuram near Visakhapatnam.

N Janardhana Reddy, MP and former chief minister of Andhra Pradesh, laid its foundation stone at the Miracle complex.

Prasad V Lokam, chairman of Miracle group said the group would invest Rs 12 crore in the institute's buildings. The construction would be completed within two years.