[en] Lithium Lead Alumino Borate (LiPbAlB) glasses doped with Dy³⁺ ions with varying concentration were synthesized by using the melt quenching technique to understand their feasibility in solid state lighting and laser devices. From the absorption spectra, bonding parameters (δ) were evaluated to understand the nature of bonding between Dy³⁺ ions and its surrounding ligands. Judd-Ofelt intensity parameters estimated from the experimental oscillator strengths were used to evaluate various radiative parameters for the fluorescent levels of Dy³⁺ ions. From the decay curves, the experimental lifetimes were measured and coupled with the radiative lifetimes to evaluate the quantum efficiency. The decay profile changes from exponential to non-exponential with increase in Dy³⁺ ion concentration resulting decrease in experimental lifetimes. Inokuti-Hirayama model applied to the decay spectral profiles confirm dipole-dipole interaction responsible for their conversion from exponential to non-exponential. By exciting the glasses with different n-UV radiations, the CIE chromaticity coordinates and correlated color temperatures (CCT) were calculated to understand the utility of as-prepared glasses in cool white light generation. From the evaluated radiative parameters, CIE co-ordinates, CCT temperatures, emission cross-sections, quantum efficiency and confocal images, it was observed that LiPbAlB glass with 0.5 mol% Dy³⁺ ions are more suitable for the development of w-LEDs and Lasers.