Technical Education - Getting Quality Right

India is the youngest country of the world and is now facing a dire need to increase its technical force to accomplish as a developed country. The technical standards have been declining in India for the past 2 to 3 years despite of the competitive admission process. In India the number of the elite engineering colleges has seen a rise by 55 %( from 90153 to 140000) where as the number of the students are now growing smaller. The author has made a study regarding the major sets of the input based indicators i.e. the quantity and quality of new engineering students, the finance of undergraduate courses, availability of qualified factory and many more. This study may promote re-assessment of the current curriculum and accredited principles for Engineering Educational System. This study should foster an examination fit and stop the descent of the engineering students by not paring with quality. Author has applied Failure Mode Effect Analysis (FMEA), Cause and failure analysis and has used Pareto principle to contemplate and has recommended some suggestions by using the Six Sigma Methodology.