India has turned 50 and dris is the, time for looking back oil the fifty years. Though history indicates that migration of certain medical, architectural, fertile and engineering science and technology took place to the West, today's technological scenario in India heaves a lot to be desired. We are much below the world average in several parameters. Our S&T vision and push is yet to yield commensurate results. This paper analyses the reason through our performance figures in several areas of engineering nr zn technology. Our strengths, weaknesses and educational standards are also presented. Finally, the paper stresses the need for identifying core competencies for our industries and sets forth the future ambitions of bringing welfare, workforce and wealth to the nation.