Evaluation is one of the key parameters in quality education. In Indian education system industry and academia usually work in isolation. By and large the student's evaluation is being done by the institutional faculty which doesn't possess rich industrial experience. Industrial participation in student's evaluation is either minimal or non-existent. The traditional evaluation system of education needs restructuring. Scope of joint evaluation through industry and academic has been premedi'ated through industrial survey in areas of setting and evaluation of papers, evaluation of laboratory work, workshop exercises, projects and seminars. The study has also been directed to know industrial views relating to student's basic concepts, research and development capabilities, practical skills, industrial exposure, analytical abilities, managerial skills, soft skills and software applications to have feed back on learner 's inventiveness, strength to comprehend fundamentals, their visualization and analyzing power to carry forward research activities and their proficiency in managing man power and to get along with different kinds of people effectively. The recruiter 's feed back on institutional weak areas will tend to bridge gap between industrial needs and available institutional outputs.