Digital Transformation and India

India, during the last five years, has been transitioning from a mere provider of IT-enabled services to a nation consisting of business organizations leveraging the power of the current digital technology to gain competitive advantage and a government aiming for better quality of life for its citizens and social inclusion. Our nation's achievement in digital public infrastructure and goods has been a spectacular success, duly acknowledged by the rest of the world. This article attempts to illustrate the power of digital technology through representative use cases, while also highlighting the likely pitfalls and risks of new technologies to ensure a balanced approach in harnessing its immense potential. A broad spectrum of technologies, industrial sectors and generic functions of businesses and the government is covered. SWOT analysis is used to reflect about the changing circumstances and evaluating various alternatives for optimal decision making is also discussed. It ends on an optimistic note that India is currently a bright spot in the world to set an example for the entire world by assisting developing nations in their march towards progress and prosperity.