[2] In 1930, Kanaiyalal Maneklal Munshi's motion in the Academic Council for the institution of a Department of Chemical Technology was accepted.

[4] Since he was also the Chairman of Mill Owners' Association, Chandavarkar was keen on catering to the needs of Mumbai's bustling textile industry.

[8][3] In 1960, ICT celebrated its Silver Jubilee, and the occasion was graced by then Prime Minister of India, Jawaharlal Nehru.

[13][14] In November 2019, Aniruddha B. Pandit, a senior professor and a dean at the institute took charge of the post of Vice Chancellor, succeeding long time director Ganpati D.

[15] In July 2024, Jyeshtharaj Bhalchandra Joshi was appointed as the Chancellor of the institute, succeeding Raghunath Anant Mashelkar, who held the position for two decades.

On 12 February 2018 it was given the status of Category 1 institute with graded autonomy by the Ministry of Human Resource Development and the University Grants Commission (India).

[21][22] The Bhubaneswar campus of ICT started its academic session on 3 September 2018 at the IIT Kharagpur extension centre.

The Bhubaneswar campus was inaugurated initially by the Indian President Ram Nath Kovind on 18 March 2018 and the academic session was inaugurated by Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas and Sanjiv Singh, Chairman of Indian Oil Corporation.

[31] The library can boast of rich heritage collection of old classic books and bound volumes dating back to the 1930s.

[33] The ICT has a tradition of establishment of endowments with an objective of supporting faculty positions, foreign travel assistance, merit-cum-means scholarships, staff welfare, library, campus development, research fellowships and seed money for research by young faculty.

[32] There are 22 endowment chairs, as well as 49 visiting fellowships which helps attract the best professionals to the institute from all over the world who interact with UG and PG students, faculty and alumni.

Some eminent faculty from institutes such as MIT, Purdue, Cambridge, Monash, UC Berkeley, UCSB, Montreal have taught UG and PG courses in ICT under these endowments.

[32] Till date ICT has produced three Fellows of Royal Society- Man Mohan Sharma, Raghunath Anant Mashelkar.

[54][55][56][57] In 2008-09 UGC report notices that the institute generated around ₹50 crores from external sources, which was 8 times the government support.

In 2011, the Ministry of Textiles sanctioned ICT as National Center of Excellence in Sportswear with a grant of ₹24.5 crore for researching sports-related apparel and goods.

The biocluster will serve as an accelerator for startups, academia, MSMEs, and industries, providing state-of-the-art infrastructure and expertise for faster development of biopharmaceutical products.

[64][65][66] Bhaskar N. Thorat, a Professor of Chemical Engineering is the winner of NOCIL Award for Excellence in Design and Development of Process Plant and Equipment.

[68] The department is working on developing newer therapeutics and novel systems to deliver drugs into the body and has successfully translated several technologies to the industry.

The research group of Prajakta Dandekar is one of the very few labs in India working on developing the organ-on-a-chip technology that essentially mimics the functioning of various organs on a small chip, decreasing the reliance on animal testing.

[69][70][71][72][73] The group has collaborated with an Indian 3D Bioprinting startup Avay Biosciences to 3D print skin tissue which can be used for the treatment of severe burns, and can also be used for toxicological screening of drugs.

[78][79] In 2013, Vandana Patravale from the department was awarded $100,000 from the Bill and Melinda Gates Foundation for the development of an eco-friendly nanovaccine for nasal immunization against brucellosis.

[82] The Patravale lab is also involved in the fabrication of drug-eluting stents in collaboration with Sahajanand Medical Technologies Private Limited.

[86][87] The department was also successful in synthesizing the anti-viral drug Favipiravir for use against the SARS-CoV-2 in partnership with the company Lasa Supergenerics Ltd.[88][89] Technological Association (TA), established in 1951, is an organization that conducts co-curricular and extra-curricular activities in ICT.

Some of the international dignitaries include Ahmet Uzumcu, Director General of Organization for the Prohibition of Chemical Weapons.

[2][3] The journal publishes technical articles in the thrust areas of science and technology, written by undergraduate and graduate students of the institute.

[92] The Bombay Technologist also supports partial travel and registration expenses of students presenting technical papers in India.

The hostels area has faculty flats, dining halls, a canteen, a health clinic, gym, and play grounds.

Manzar has a social initiative called Awaaz, through which students are able to do their bit for all-round societal development and improvement of underprivileged lives.

Many famous artists have performed on the Manzar stage, including Shaan, Arijit Singh, Farhan Akhtar[91] Kailash Kher, Shankar–Ehsaan–Loy, Fire on Dawson, Raghu Dixit, Shalmali Kholgade, Sachin–Jigar, Niladri Kumar, Lucky Ali, and Armaan Malik.

Only two Indian engineers – Raghunath Mashelkar and Man Mohan Sharma - have been elected as Fellows of the Royal Society (FRS), both of whom are alumni of ICT.