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Information has become a valued commodity in this age of globalization. Information centers all over the world are now better equipped to manage information due to advancement in Information and Communication Technologies (ICTs). In this context, Institutional Repositories (IRs) provide a unique platform for information management through new ways of Information Storage and Retrieval (ISR) and digitization. The awareness regarding Open Access Publishing (OAP) and attitudes of IR users are very important contributing factors in success of any institutional repository. The paper is an attempt to highlight the necessary role of IR in building the academic capabilities of research scholars in South Asian region. This paper focuses on perception evaluation of research scholars regarding IR in terms of awareness, and availability of IR. A questionnaire based survey method has been employed to collect data from research scholars. It has been found that most of the participants are aware of the existence of the IR. They showed that they are capable to use IR. The study will be helpful in providing practical implications for other institutions to initiate IR.