It is promoted by SM Charitable Educational Trust under the vision and guidance of its founder Chairman Dr. Sukant Kumar Mohapatra.

[3] The 70-acre campus is located in the Pallur Hills, about 12 km from Brahmapur and three hours drive from Bhubaneswar, the state capital.

Dr. Mohapatra had shipped a large number of computers, terminals, books, and journals during the early years of the institute.

In order to make NIST a research oriented Institution, Mohapatra has organized various international conferences and seminars and enabled the visits of many NRI scientists and professors to the institute along with many other supports (e.g., formulation of course of studies, registering NIST under US .edu domain, company campus visit, student admission in US etc.)

In its 24 years, it has produced four Boys Cast faculty scholars who have been funded by the Government of India to pursue postgraduate research in the United States and Germany.

NIST has signed MoU with industries like Sandhur and SunMoksha for collaborative work in the area of nanotechnology and renewal energy.