Present paper aims to give an insight in the field of Mechatronics, specifically its standard of education in India. We have investigated this field right from its origin. We have analyzed how it expanded as a proper discipline of engineering and in which direction the development in this field is going now and, at the same time, its status of education in India and where we are in addressing the industry's need both in terms of quality and quantity of students. We have also assessed why Mechatronics is an essential branch considering its multi-disciplinary nature. The point is that it holds blatant importance for time to come. Life's most complicated problems cannot be addressed by the knowledge of only one engineering science. In today's world we need professionals who are "good jack(s) of all trades and master(s) of one" changing the old saying. For implementing this edited saying students will need to address real-world problems, so laboratory-based learning should be even more emphasized in this branch. Consequently, we have also looked on the laboratory works that are included in these courses, considering what aspects should be covered in them. Skillsets required by students such as implementation of hardware, coding, system modeling have been also discussed. Future prospects in this discipline have also been explored. The epilogue consists in recommendations to educational institutions based on our findings.