The movement towards the beginning of the New millennium or the year 200, did, in fact, society and economy through the multiplication of speed and connectivity. The emerging world is indeed so significantly different from the one we got used to living in, that it becomes imperative for us to think of transforming the society in various ways. Training and Development as a subset of human resources development is an important instrument of such transformation. With Liberalisation, Globalisation and Privatisation, drastic changes are taking place in the corporate sector. There is unprecedented pressure on Indian Industry to perform-produce quality products and provide quality services at most competitive price. Orhanisations therefore, have no choice but to become "Learning Organization". Articles in this book provide enough material in preparing particularly the HRD personnel to successfully cope up with training and business complexities emerging in the New Millennium. This rich intellectual harvest is presented for your reading and reflections.