Zsaleem since you're from India you can utilize it even better. Your options and an American's options may not be the same in this situation. You have your own advantages and disadvantages since you're not a US citizen.
After the CMU degree, if you want to stay in the US, you have to get a 9-5 job. Once you finished the degree you have only two options - 1. Get a 9-5 in order to extend the visa and stay in the US 2. Go back to India if you want to do your IM full time. So, think if you go back to India after the CMU degree what advantages you will have at that time.
Going to a good Indian school like BITS, etc gives you almost same academic knowledge that CMU would give you, may be with bit lesser connections. (I'm not talking about IIT, no one who gets IIT sacrifices it for a US degree. It's not worth it)
If you study in India you can always run your business and improve it simultaneously. If you study in the US still you may be able to do it but you need to evaluate the extent to which it's possible.
After an Indian degree you can get a masters in a good US school, with full assistantship (That's how most of the Indians use the US education system). Not just CMU you have around 10-15 good schools which won't make much difference (Stanford, MIT, UIUC, Cornell, Princeton, UMich, GaTech, Berkeley, UCSB, UCSD, USC, UTAustin, Harvard, etc).
For business connections, nothing is even close to a Harvard or Warton MBA, IMO. So, if you are really interested in connections you may do an MBA in Harvard or Warton after your UG.
Just pointed out the different options you may look at...
It's always better to make decisions yourself, get the options and pieces of information from others but make the decisions yourself. It's your life so pick the path according to your needs ant wants.
After the CMU degree, if you want to stay in the US, you have to get a 9-5 job. Once you finished the degree you have only two options - 1. Get a 9-5 in order to extend the visa and stay in the US 2. Go back to India if you want to do your IM full time. So, think if you go back to India after the CMU degree what advantages you will have at that time.
Going to a good Indian school like BITS, etc gives you almost same academic knowledge that CMU would give you, may be with bit lesser connections. (I'm not talking about IIT, no one who gets IIT sacrifices it for a US degree. It's not worth it)
If you study in India you can always run your business and improve it simultaneously. If you study in the US still you may be able to do it but you need to evaluate the extent to which it's possible.
After an Indian degree you can get a masters in a good US school, with full assistantship (That's how most of the Indians use the US education system). Not just CMU you have around 10-15 good schools which won't make much difference (Stanford, MIT, UIUC, Cornell, Princeton, UMich, GaTech, Berkeley, UCSB, UCSD, USC, UTAustin, Harvard, etc).
For business connections, nothing is even close to a Harvard or Warton MBA, IMO. So, if you are really interested in connections you may do an MBA in Harvard or Warton after your UG.
Just pointed out the different options you may look at...
It's always better to make decisions yourself, get the options and pieces of information from others but make the decisions yourself. It's your life so pick the path according to your needs ant wants.