A dearth of Engineering and Medical colleges and inadequate number of seats in the few existing colleges Prof. Vishwanath D. Karad thinking. Bright students were feeling depressed and some even attempting suicide due to failure to get admission for professional courses. All these issues mentioned above and the unrest and dissatisfaction prevalent amongst the deserving students aspiring for professional education, made him restless and he started wondering how the situation could be improved.
The then Minister of Technical Education of Maharashtra Mr.Sudhakar Naik had come to Marathwada Mitra Mandal College for some function. There he told Karad sir that he is keen to talk to him about his thoughts on technical education. He visited Karad sir's home where they discussed elaborately. The then Chief Minister of Maharashtra, Hon’ble Shri Vasantdada Patil too was well convinced of Karad sir's genuine efforts and honest passion.
Dr. Suresh Ghaisas made the magnanimous offer of donating 16 ½ acres of his family land situated at Kothrud.. Shri Vasudeo Gopal Patwardhan and his family, were also extremely generous to donate 2 ½ acres of their family land for the use of MIT, Pune. And then came the announcement of ninth (9th) Engineering College i.e. Maharashtra Institute of Technology, Pune on 24th June 1983! The next day the news was flashed with headlines “First Engineering College in the city of Pune after 125 long years under the name MIT…”
Initially the college had six branches viz. Mechanical, Electronics and Telecommunication, Civil (Construction), Polymer, Petroleum and Petrochemical with 240 admissions.
The Bhoomi Poojan Ceremony of the First Building of MIT was performed at the auspicious hands of great industrialist of Maharashtra, Shri Shantanurao Kirloskar . The planning and architecture of Philosopher Saint Shree Dnyaneshwara World Peace Library Building, based on twelve pillars depicting twelve (12) Rashis on the ground floor and twenty-seven pillars depicting twenty-seven (27) Nakshatras on the upper floor, reflect the principles enunciated in Indian astronomy and astrophysics
In the year 1992, owing to his 'warkari' roots he organized a celebration of 700th year of 'Dnyaneshwari'. On the 700th year of completion of Grantharaj Dnyaneshwari, Shree Kshetra Alandi-Dehu Parisar Vikas Samiti and MAEER’s MIT, Pune took the initiative of celebrating this historic event.
Establishment of “World Peace Centre-at Alandi in Quest of Universal Peace and Searching the Pathway for World Peace under the auspices of MAEER's MIT, Pune, India, which was actually established on 1st December 1996 in the presence of all these delegates representing all the world religions.
The MIT Group has been constantly engaged in championing and promoting the cause of time-tested Indian Values, Culture and Traditions for the well-being of the society at large. In appreciation of the work carried out by the MIT Group under the banner of 'World Peace Centre’ in championing the cause of promoting the Value based Universal Education system for spreading the message of peace in society with the apt blend of science, technology and spirituality, UNESCO, Paris bestowed it with an "UNESCO Chair for Human Rights, Democracy, Peace and Tolerance" on May12, 1998.
Started an innovative mass educating movement called 'From Pilgrim Centres to Knowledge-Pilgrim Centres' A usual working day at all MIT Campuses begins with “World Peace Prayer" which is not devoted to any caste, creed or religion but humanity in total.
Various programmes like B.A. B.Com B.Pharm BBA, BCA, BFT, B.Sc., B.Com., B.A., PGDIB, MA-MCJ, B.Sc. have been launched since then across various campuses. MIT College of Engineering, Pune, Sri Savitribai Phule Polytechnic, Maharashtra Institute of Pharmacy and Maharashtra Academy of Naval Education and Training (MANET), Rajbaugh, Loni Kalbhor, near Pune have been launched. MIDSR Dental College at Latur, MIMSR Physiotherapy College, Latur, MIMSR Nursing College, Latur .Nine B. Ed. and D.Ed. Colleges have also been started at various places like Pune, Barshi, Latur, Rameshwar, Ambejogai in the State of Maharashtra.
Envisioning world class education through a holistic outlook of knowledge building to establish peace and harmony in the world, the Dr Vishwanath Karad MIT World Peace University, said to be the first of its kind in India, was inaugurated by chief minister.