Ajay Binay Institute of Technology was established in 1993. ABIT is located in the planned locality of Markat Nagar on the picturesque banks of the River mahanadi. Its sprawling campus has been designed by the esteemed architect , Mr. Prabir Mitra of kolkatta. The faculty has been chosen with utmost care keeping the AICTE norms in mind. Some of the senior academicians of the state feature in the college faculty list. It is one of the colleges of the ABIT Group of Institutions. The institute provides state-of-the-art facilities within its campus.  ABIT is today a landmark of the centenary city of Cuttack.