Fareed speaks with Indian Prime Minister Narendra Modi about comparisons between India and China. Watch the full interview on "Fareed Zakaria GPS," this Sunday at 10 a.m. and 1 p.m. ET on CNN.
After your election people have begun asking again a question that has been asked many times for the last two decades, which is, will India be the next China? Will India be able to grow at 8 to 9 percent a year consistently, and transform itself and thus transform the world?
See, India doesn’t need to become anything else. India must become only India. This is a country that once upon a time was called the golden bird. We’ve fallen from where we were before. But now we have the chance to rise again. If you see the details of the last five or ten centuries, you will see that India and China have grown at similar paces. Their contributions to global GDP have risen in parallel, and fallen in parallel. Today's era once again belongs to Asia. India and China are both growing rapidly, together.
But people would still I think wonder can India achieve the kind of 8 and 9 percent growth rates that China has done consistently for 30 years, and India has only done for a short period.
It’s my absolute belief that Indians have unlimited talent. I have no doubt about our capabilities. I have a lot of faith in the entrepreneurial nature of our 1.25 billion people. There is a lot of capability. And I have a clear road map to channel it.