Abstract
The commercial value of engineering institutions are examined by industries since its output or services are treated as essential input into business, commerce or industrial enterprises. The quality of outputs of universities and technical institutions, thus, have a significant bearing on the Indian economy. Thus, industries will have to be more liberal in financing education, research activities and providing internships training programmes to technocrats. Industries will have to recognize that they are not doing any 'favour' to institutions but are really helping themselves.
