The story of Indian higher education is like a F-1 racing track without any enforcement of driver safety or driving rules. For last few years, Indian higher education has grown at a break-neck speed. For example, Indian higher education has grown by 20% in one year and added more than 5,000 colleges to the system. Likewise, gross enrollment ratio (GER) grew from 12.5% in 2007-08 to 17.3% in 2009-10. Clearly, access to higher education is very important for a developing country like India and it is encouraging to see the growth. […] Most of this growth was supported  by entrepreneurial spirit of private sector. However, slow pace of policy reforms and misplaced herd-mentality of some private higher education initiatives, has resulted in one of the largest system with one of the weakest quality. This is a risky and unhealthy proposition for the system and stakeholders. One can imagine what will be the outcome in a racing track with no rules or security measures. […] The biggest trend from Indian higher education for 2012 will be consolidation.