Abstract: The lopsided growth of India has resulted into economic opportunities for a few at the cost of economic deprivation of many. For ambitious target of inclusive growth it is essential that India capitalizes on her demographic dividend effectively on a sustainable basis. Demographic dividend as it stands today for India shall turn out to be a nightmare if Human capital of India is not harnessed sensitively. This research paper elucidates and finds out as to how phenomenon of inclusive growth and demographic dividend of India are complementary to each other.