The authors, from world experience, offer new visions of new world to the Indian higher and technical education. In knowledge driven economy, they identify weaknesses and prescribe innovation, creativity, commercial exploitation of research, VCF and essentially spin off new technology based firms, which are the present day deficiencies of Indian economy. The authors state that to be able to make education compatible to globalization, institutions should be enterprising. They should adopt new organizational innovations like Technology Incubator, Research Park, Patent centre, Entrepreneurship centre, as integral components, which when implemented will contribute to India's international competitiveness besides employment. The authors prescribe "dream big" for universities and colleges. The governance and leadership should envision knowledge generation, and knowledge diffusion. The institutions should now adapt to corporate development, and help industry to win. People demand world class education. How can this be provided? The book explains in detail.