Indian Institute of Information Technology Surat is an Institute of National Importance established under the Act of Parliament 2017, by erstwhile Ministry of Human Resource Development (MHRD), Government of India, on not-for-profit Public-Private-Partnership basis. A memorandum of understanding was signed in 2016 between the President of India, the Governor of the State of Gujarat and Industry partners namely; Gujarat Narmada valley Fertilizer and Chemicals (GNFC), Gujarat Informatics Limited (GIL) and Gujarat Gas Limited.