It was established as a polytechnic in 1931, then known as Morvi Technical Institute (MTI) and was upgraded to a full-fledged degree engineering college in 1951 when the Late Honorable H.H. Maharaja Thakore Shri Sir Lukhdhirji Waghji Sahib Bahadur GBE KCSI of Morvi state donated his palace with 40 acres of land on the bank of river Machhu and the institute was named after him.