L&T INSTITUTE OF TECHNOLOGY was set up in 1983 by LARSEN & TOUBRO Staff and Workmen Welfare Trust to impart need based and application oriented technical education. It is primarily meant for the benefit of the wards of the employees of Larsen & Toubro and its subsidiary companies all over the country . Since 1st August 1984 the Institute has been taken over by L&T Ltd as a part of its welfare activities. In the last twenty years, the institute has emerged as a "model institute" and a "centre of excellence". The institute has been approved by the All India Council for Technical Education for diploma courses in Engineering. Government of Maharashtra took due note of the excellent facilities of the institute and rated it as 'A' grade institute.