We demonstrate a single-step fabrication process of highly stable and luminescent polymer fibers embedded with quantum dots (QDs) of the organic-inorganic hybrid perovskite (OIP) (CH3NH3PbBr3) using the electrospinning process. The fiber (∼2 μm diameter) primarily consists of poly(methyl methacrylate) dispersed with clusters of OIP quantum dots. The OIP clusters are radially distributed, normal to the fiber axis. The photoluminescence quantum yield (PLQY) is high (∼80%) and comparable to that of conventional QDs. The emission maxima are tunable by varying the concentration of OIP precursor in the electrospinning solution. Submicron emission maps show an isotropic and continuous emission along the fiber, suggesting uniform distribution of QD clusters. Temperature-dependent PL response indicates features which are a function of the particle size. For small QDs, the PLQY(T) maxima are close to the ambient temperature, whereas the PLQY(T) maxima shift sizably to T < 50 K for larger QDs. Significant waveguiding of QDs emission and amplified spontaneous emission, a prerequisite for lasing, were observed in the fiber confined OIP system at room temperature.