The Chinese have certain advantages. The fact that it's a single party government. But I do believe in the long run the fact that India is a functioning democracy committed to the rule of law. Our system is slow to move but I'm confident that once decisions are taken they are going to be far more durable.

Democracy is good for world peace.

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 believe whether it is the United States or Europe, they will all end up as multicultural societies.

I do believe that India is a unique case. And you need I think exceptional skills I think to incorporate Indian into the world nuclear order.

I should like to express our profound gratitude to the Americans of Indian origin. The way they have conducted themselves, the way they have worked hard to carve out a niche for themselves in the Silicon Valley, I think this has also given America a new idea about what India is capable of.

I think the Chinese do have visions of being a great power. And I think it's legitimate. And I don't see that that's a danger to us.