This paper presents a new method to improve the quality in technical education in order to meet the industry expectations. The quality of education and training being imparted in the technical education institutions varies from excellent to poor, with some institutions comparing favourably with the best in the world. Few others are suffering from different degrees of faculty shortages, infrastructure deficiencies, curricula obsolescence, lack of autonomy in academic, financial, administrative, and managerial matters, poor involvement in knowledge creation, and dissemination. Skillful manpower of high quality can play a major role in economic development and in export of technology and services, and observing the growing demand for Indian professionals particularly in the area of software and core engineering in all parts of the globe including the highly developed countries. It is necessary to give very high priority in providing quality technical education for Engineering and Technology. In order for the students to succeed, it is necessary to prepare themselves for the ever changing world of work, which means not only college readiness, but also career readiness.