Manikya Lal Verma Textile Institute was subsisted in 1984. The industrialists of Bhilwara joined hands with the government of Rajasthan to bring about the establishment of the only engineering college of Rajasthan offering a degree in textiles. In the year 1988; it was upgraded to a degree level engineering college and rechristened Manikya Lal Verma Textile Institute. It started with the Textile Technology branch with an intake of 30 students per year through RPET. It is affiliated to the University of Rajasthan and is approved by A.I.C.T.E.

The Growth: By the year 1990, the diploma course withered away and the B. E. course in Textile Technology became full fledged with an intake of 30 students per batch, later on the intake in the branch was increased to 60 students per batch. Textile Chemistry was introduced in the year 1993-94, with an intake of 20 students per batch, to meet the requirement of process houses. Information Technology was introduced in the year 2001-02 with an intake of 40 students per batch. In the year 2003, another branch Electronics & Communication Engineering was introduced with an intake of 60 students per batch.