World Must Together To Challenge Terrorism, Says Modi

"We want that our economy should move forward in the spheres of agriculture, manufacturing and services, and balance all three -- 30 percent from agriculture, 30 percent from manufacturing and 30 percent from services -- this is the direction in which we want to go," Modi said.

He said his "Come, Make in India" campaign was based on the motto of zero defect and zero effect on the environment. "We want to create our own place in the world."

Modi said his government was paying attention to skill development of the youth so that by 2020, when the ageing world will need a workforce, Indian youth can step in.

"India is young and can provide the workforce, we have the potential," he said, and gave the example of the Mars Orbiter having been made at a cheaper cost than a Hollywood movie.

He said his government was trying to bring a lot of changes in laws, to bring in labour reforms. He said his government would take responsible steps in the field as it did not want businesspersons to face any problems.

He also said the government has started the process of creating greater synergy with the state governments, of working as a team.

Referring to the red tape that hampered ease of business, Modi referred to the Hindu mythology which says if you have completed journey of the four revered pilgrimages you get salvation, but in India even after having sent to 32 places a file can remain stuck.

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Will Deliver On Promises, Build India Of Your Dreams: Modi To Indians Abroad