The academic atmosphere in India is changing ...and changing really fast. Focus is shifting from 'information gathering to 'knowledge absorption'. 'Theory based bookish learning is being replaced by hands on practical Learning & 'Industry applicable knowledge'. 'Grades' are changing into 'levels of learning or 'being Job ready. Teachers are increasingly called upon to be Mentor who help develop a wholistic personality than just 'book worms. And finally Right to employment through skilling' is being acknowledged as the new mantra. The government is re-organizing the system such that instead of a single body accrediting all kinds of institutes and training school, specialization is being given Importance. Sector skill councils under the umbrella of NSDC (National skill Development Corporation) are defining the pattern of learning. New terms like 'Qualification Packs' and National Occupational Standards' are being created. These are being designed as acceptable across the global standards, subject to a specific industry sector specialization. The entire globe is developing at a fast pace and whole world is looking towards India as the emerging market. India has gradually evolved as a knowledge-based economy due to the abundance of capable, flexible and qualified human capital. However, there is a need to further develop and empower the human capital to ensure the country's global competitiveness. According to a recent article in renowned news paper, 'fashion and retail' industry is the second largest employer after agriculture. Fashion and retail industry requires very high level of creativity and communication skills since it helps all the manufactured produce to get into the market and its customers. LCBS has proudly created programs and systems which are in line with the above policy framework. Affiliation inspector have certified our school as the one following prescribed international standards for retail of luxury/premium products services. We have of course further specialized into FASHION RETAIL and LUXURY RETAIL via executive programs, on-line programs, student programs and several certificate programs. WE are proud to be recognized and contribute to the Prime Ministers vision of a skilled India. several certificate programs. WE are proud to be recognized and contribute to the Prime Ministers vision of a skilled India.