The transformation of America at the turn of the 20th century is in many ways at a parallel to what is happening in India today. India has transformed from a rural agrarian-based economy to an urban, industry and services based economy; from a fragile collection of small family business establishments to big established world scale corporations. India has the world’s youngest and largest population which is interconnected on an unprecedented level. Like in America in the early 1900s, in India today there is also a changing mix in terms of business, consumers, regulation, government, and institutions. The most significant factor that changed America at the dawn of the 20th century was its burgeoning population and transforming demographics. In America’s case, this was represented in terms of immigration where almost 9 million immigrants came to its shores between 1900-1909. In India, this is manifest in terms of the change in demographics. Almost 400 million Indians are born after the year 2000. This will transform not only our workforce, popular culture, patterns of consumption but also it will lead to enormous opportunities for business in the form of expanding consumption as well as provision of opportunities for commercialization of technology.