The Earnest need of the present era is very competitive and ever demanding. Mankind run behind for his future monetary desires and sustainability for good life. Earning through employment is better than earning through self-owned business with dignity, respect, status and financial soundness. This research paper sheds light on significance of entrepreneurial higher education, importance of entrepreneurs for the Indian economic development and its innovative trends in current era. Every country wants to strengthen their economy on the ground of social relation, finance, knowledge, technology, innovation, factors of production and creative mindset of young generation. Researcher had used descriptive research design and method used for the research was simple random sampling method. Raw information, facts and figure were collected from both the sources i.e. primary sources as student’s view and secondary sources as available e-library and literary knowledge. Researcher had made structured questionnaire consisting of 15 items in a test and conducted a survey study on 100 M.com final years – Business management students of post graduate degree colleges affiliated to University of Mumbai in thane district. Data were analysed using SPSS software. The finding and conclusion of the study will be beneficial for Teacher Educators, Student-Teachers, Teachers, Principal, Stakeholder, Administrator, Management and higher education authorities for strengthening and promoting youth entrepreneurship, new innovation and related policies in this field and entrepreneurial higher education for the educational development of India.