The college is promoted by "Devineni Ramana Pranitha Memorial Trust", Kanchikacherla. The promoters have rich experience in running various education institutes and industries. The college is fully supported by MIC Electronics Limited, Hyderabad. The motto of the college is to bridge the gap between the industry and the academics.
The chairman of the college Dr. M.V. Ramana Rao is an agile entrepreneur with doctorate in Electronics. He is an Engineering teacher turned entrepreneur with global outlook. He established MIC Electronics Pvt. Ltd. to design and manufacture advanced Telecommunication systems for global market. The company, under the stewardship of M.V.Ramana Rao, bagged the best R&D unit by the DSIR, Govt. of India in 2002 and Dr. M.V.Ramana Rao received the Best Entrepreneur of the year award in 1990.