Outsourcing, information technology revolution, the access to India's human resources, India's pool of scientists. It will help American companies to become leaner, meaner, more efficient, and they become more competitive, both in the United States and in dealing with the rest of the world.

A politician before he can become a statesman has to remain in office long enough.

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.

India is this great experiment of a billion people of such great diverse persuasions working together, seeking their salvation in the framework of a democracy. I believe it will have some lessons for all the multicultural societies.

I have always believed that the ultimate purpose of economic policies and development policy is to meet the basic needs of our people. And for that, we need a fast-expanding economy.

There are diverse ways in which - right now, terror and all that goes with it is a prime concern. It's a concern of the United States. It's a concern of India. Joint strategies, cooperation, joint sharing of intelligence, in controlling terrorism, in making the world free from terror. I think that's the fundamental, I think, consideration if our development aspirations are to be fulfilled. And I think our two countries can cooperate.

Working together in helping nascent democracies in the task of reconstruction, in the task of development is another area where our two countries [India and the USA] can work together.