Complex sentence: There are several high quality and renowned educational institutions across the states such as IIT, IIM, Birla Institute of Technology and Science and many more institutes such as Indian Institute of Information Technology are planned along the corridor.
Split into simpler sentences: There are several high quality and renowned educational institutions across the states such as IIT, IIM, and Birla Institute of Technology and Science. Many more institutes such as Indian Institute of Information Technology are planned along the corridor.