Translation, localization, IT and Technology have added unprecedented dynamism in economic, social and cultural activities across the globe. India, being one of the major players, has undergone revolutionary changes within its economic, social and cultural systems giving way to Informational Technology and Business Process Outsourcing. The steady economic growth and reforms have helped Indian economy attract record inflow of Foreign Direct Investment and joint ventures creating a high demand for language professionals in local languages as well as foreign languages. It is important to note that Languages being essential tools of communication have also undergone fundamental changes in order to be part of essential determinants of economic changes. Therefore, language learning is not merely a natural acquiring process; rather, it has become a specialized field that needs professional training and technological integration. With this vision Punjab Technical University decided to starts its centre for language innovation and School of Translation Studies (STS) at PTU Mohali Campus.