History
The ICT was founded in 1933 as a University Department of Chemical Technology (UDCT) of the University of Mumbai. The university conferred the autonomous status on the UDCT in 1994, with concurrence from the Maharashtra State Government and the UGC. UDCT was renamed as the Mumbai University Institute of Chemical Technology (Autonomous) (MUICT) on 26 January 2002.
In June 2004, in accordance with the Technical Education Quality Improvement Programme (TEQIP) of the Government of India, under which the institute was selected as a Lead Institution, the Government of Maharashtra granted complete autonomy to the institute. On 12 September 2008, it was granted the deemed university status and renamed as the Institute of Chemical Technology.
Institute of Chemical Technology was first institute to be pinned elite badge by state government of Maharashtra. This status put the institute on a par with other reputed schools like the IITs, IISc, Bangalore, and the Indian Institutes of Science Education and Research. It also makes the institute, which has plans to set up a satellite campus, eligible for various special grants from the union and the state governments.
Read more about this topic: Institute Of Chemical Technology
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