Management and business libraries occupyan importantplace in Indian librarianship and are inthe throes of amajor transformation led by technological changes. Like other libraries, they too need to reposition themselves in the midst ofnew and emerging technological trends and diversify intonewer areas of resourcediscovery and userservices. Armed with internet –ready smart phones, users are increasingly being led to alternate sourcesof information, leading to decliningusage oflibraries globally.