Education is a social process. Education is regarded as one that contributes to social, political and cultural and economic transformation of a country. Education and training create assets in the form of knowledge and skills which increase the productive capacity of manpower and this is referred to as human capital. The higher education system in India has grown in a remarkable way. Higher education in India could only maintain a very small base of quality institutions. It is also facing a few important and significant challenges. It contributes to economic and social development of the country. The present study highlights the growth of higher education sector in India, its challenges and opportunities towards improvement of higher education in India. The study will be based on secondary data and information.