I do recognize that India has to be the center, the hub of activity as far as the knowledge economy is concerned.

India was a late comer to industrialization, and as such, we have contributed very little to the accumulation of greenhouse gas emissions that cause global warming. But we are determined to be part of the solution to the problem.

I am convinced the entrepreneurial spirit of the Indian people, if allowed to express itself freely in the marketplace, India will be all right.

70 percent of India's imports of oil and oil products are imported from abroad. There is uncertainty about supply. There is uncertainty about prices. And that hurts India's development.

I believe a large part of humanity will draw appropriate lessons from what is the wave of the future in the 21st century.

We are a mixed economy. We will remain a mixed economy. The public and private sector will continue to play a very important role. The private sector in our country has very ample scope and I am confident that India's entrepreneurs have the capacity, and the will to rise to the occasion.

I recognize the United States is a superpower. It has various interests. It has to balance various things.