Moroni (Comoros): Despite the global slowdown, India continues to be one of the fastest-growing major economies and is poised to be a USD 5 trillion economy by 2024-25, said Vice President Venkaiah Naidu on Thursday.
Naidu, who is on a five-day trip to the Union of Comoros and Sierra Leone, made the remark while addressing the Indian diaspora.
He urged the community to join in "scripting" new India's growth story.
Outlining the economic development and social transformation taking place in the new India under the leadership of Prime Minister Narendra Modi, Naidu said, "Despite the global slowdown, India continues to be one of the fastest-growing major economies and is poised to be a US$ 5 trillion economy by 2024-25."
Lauding the Indians based in Comoros for sharing their prosperity with "Comorian brothers and sisters", he asked them to make Comoros more prosperous and also contribute to India's growth.
"Help create a more prosperous, harmonious, sustainable planet," he added.
The Vice President said that he was happy that despite being only about 250 in number, the Indian diaspora has made a significant contribution in various fields, including social and economic.
He also lauded them for keeping alive India's cultural heritage and for enjoying a reputation of being a peace-loving community.
Referring to measures taken by the Indian government to boost the economy, he said that the recent steep slashing of corporate tax was expected to spur investments.