The institute was established in 1995, and registered as a Society on 18.8.95 under the West Bengal Societies Registration Act, 1961 and is an autonomous society funded by Ministry of Information and Broadcasting, Govt. of India. It has been named after the acclaimed film director, Satyajit Ray.
SRFTI is the premier institute of India for film training which stands inline with Film and Television Institute of India (FTII) for its quality of education and reputation in the Indian film industry and a member of CILECT (International Liaison Centre of Schools of Cinema and Television), an organization of the world's leading schools of film and television. In 2011, Information and Broadcasting Minister Ambika Soni said that a bill in the parliament to make SRFTI a 'Centre of Excellence' would be introduced.
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