Globalization has undoubtedly widened the horizons and significantly impacted multiple areas of Higher Education system across the globe. In India, the globalization of higher education has brought about remarkable changes, shaping and influencing the overall structure, delivery, and perception of education holistically. This Research paper while employing the doctrinal method of research, discusses the multifaceted attributes and dimensions of globalization with regards to the Indian Higher Education Industry. This paper critically examines the historical evolution, contemporary trends along with the opportunities and challenges that globalization poses to the Indian Higher Education Industry. The paper also highlights the importance of international collaborations and also of the policy framework around the issue. Conclusively, this paper advances recommendations for harnessing the modern day globalization to raise the academic standards and also the overall quality of Higher Education in India.