Mahavir Education Trust was established in the year 1983 with the main purpose of promoting technical education. With the help of generous donations of two main donors viz., Shrimati Laxmiben Karamshibhai Shah Trust and Shah Lalji Velji Anchorwalal, Polytechnic under the name of Shah & Anchor Kutchhi Polytechnic was started in the year 1983. The trust was lucky to have the inauguration of the Polytechnic done at the hands of Shri Vasantdada Patil, the then, Chief Minister of Maharashtra State.
Further, it was felt that University level education was also the need of the society so within a year in 1984, Mangal Textiles Building located in the Ujagar Industrial Estate was purchased. After necessary modifications in the building Shah & Anchor Kutchhi Engineering College was started in that building in 1985.