Mahavir Education Trust, established for the purpose of developing technical education, inaugurated the Engineering College in July 1984 with the help of munificent donations from the two main donors viz.
1) Shri Lalji Velji Anchorwala.
2) Smt. Shah Laxmiben Karamshi Bhujpurwala Charitable Trust
Both the donors belong to the Kutchhi Community and as per their wish; the Engineering College is named as “SHAH & ANCHOR KUTCHHI ENGINEERING COLLEGE”
Before starting Engineering College, Mahavir Education Trust established “Shah & Anchor Kutchhi Polytechnic” at Chembur. Late Shri Vasantdada Patil, the then honourable Chief Minister of the Maharashtra State, inaugurated the Polytechnic on August 27, 1983.
The Advent of Department of Management Studies:
The A.I.C.T.E., Director of Technical Education, Maharashtra State, granted permission to the College to start Master of Management Studies (M.M.S) course, with an intake capacity of 60 students with effect from the academic year 2008-09. University of Mumbai has also granted affiliation to the course of M.M.S