Laxminarayan Institute of Technology which was founded in 1942 owes its existence to the munificent donation of the Late Rao Bahadur D. Laxminarayan of Kamptee who by sheer hard work and inspite of many difficulties, not only amassed a considerable fortune, but became a prominent figure in the public affairs of the Province. During his life time, it must have occurred to him that the backwardness of the Province was in a large measure due to the lack of higher training and research in Technology