Point cloud is an efficient way of representing and storing 3D geometric data. Deep learning algorithms on point clouds are time and memory efficient. Several methods such as PointNet and FoldingNet have been proposed for processing point clouds. This work proposes an autoencoder based framework to generate robust embeddings for point clouds by utilizing hierarchical information using graph convolution. We perform multiple experiments to assess the quality of embeddings generated by the proposed encoder architecture and visualize the t-SNE map to highlight its ability to distinguish between different object classes. We further demonstrate the applicability of the proposed framework in applications like: 3D point cloud completion and Single image based 3D reconstruction.