The following is what wikipedia says about IIEST:
Indian Institute of Engineering Sciences and Technology [1](IIEST) are institutes proposed by the Government of India to meet the growing demand for engineering and scientific manpower to meet our country’s increased industrialization. The proposed IIESTs would be created by an act of the Parliament of India. They would be given the status of Institutes of National Importance, on the lines of IITs and NITs by the Indian government.
Initially, a group of seven elite universities had been selected for upgradation to the status of IITs by the S.K.Joshi committee. Since these colleges were controlled by the respective state governments and which couldn't be given IIT status due to political, administrative or technical reasons the MHRD appointed another Committee, called the Anandakrishnan Committee. The Committee recommended setting up a new family of institutes by upgrading the selected group of colleges and to be called IIESTs (Indian Institute of Engineering, Science and Technology). Later, the Government of India shortlisted it to five institutions for the upgradation.
The five institutions have been short-listed based on the final Anandakrishnan report are as follows:
IIEST Kochi Cochin University of Science and Technology
IIEST Kolkata Bengal Engineering and Science University, Shibpur
IIEST Hyderabad Osmania University College of Technology
IIEST Visakhapatanam Andhra University College of Engineering
IT-BHU which was shortlisted to be an IIEST in now on the path of being upgraded to an IIT.
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