Innovation does not delineate synthesising something from nothing but it anticipates on researching prevailing solutions to come up with a novel hypothesis to test. Research which is an amalgamation of both experience and reasoning is regarded as the most successful loom to the discovery of truth. The chief mileage of research and innovation is to get deep into the topic so that something helpful can be drawn out for everybody, which is long-lasting, ultimately leading to a sustainable future that can be utilized in that particular sector whenever required. It uses all the essential tools to uncover something new and involves a different way of looking at problems and resolving them. These also equip people with the wider knowledge, skills and abilities which are sustainable in order to participate in today’s economy and society, and lead consummate and meaningful lives. In today’s innovation economy, diverse fields of professional education it has become more important for developing the next generation of innovators and divergent thinkers which is also called as sustainable development in education sector. So, the educators have to be well versed with the concept and strategies of the innovative research work of their fields. In this paper the author highlights upon the significance of research and innovation in any professional education which is significant for sustainable development of education as well as enumerates the initiatives been taken by various educational governing bodies such as CSIR, AICTE, UGC, NCERT,SCERT, in promoting and enhancing their innovative research work either with the assistance of technology, finance, e-resources,organizing conferences at National and International levels, Training on Research Methodology with special reference to Action Research, development of Institutional Mechanism for conducting research study by teacher educators, publishing various educational research journals or implementation of various innovative programmes.