Malwa Institute is run under the auspices of the Indus Global Educational and Welfare Society. This society was founded in 2003 by a group of industrialists and educationists who shared a vision of establishing centres of scientific learning around the country, where generations of students would be prepared and nurtured to address the unique requirements of a developing nation poised for dramatic growth.

The society is committed to establish centres for higher education where generations of Indians can plant their feet firmly in the earth of knowledge. Firm in its commitment to create 'Nation Builders', Indus Global Educational and Welfare Society took its first step towards the stated goals by establishing the Malwa Institute of Technology in 2004.