India is certainly zooming away in the wake of unprecedented growth in infrastructure, underpinned by ongoing developments in each and every sector. The time is no far when India will outshine China and transforming the landscape of the world, says P. Chidambaram, Indian Finance Minister.

He further says that a comparison has often been drawn out between India and China. However, with Indian economy on the fulcrum of an ever increasing growth curve, he welcomes every comparison. The minister also shows optimism over the more growing opportunities for the country. As such, both the countries complement each other in one way or other but they compete in many areas as well.

Adding to achievements, India has been able to take its savings and investment rates as a percentage of GDP to high. According to FM's statements, both savings and investments are required to be raised further to boost the growth.

China can certainly be good mentor for India on an account of several facets including execution of projects over time, strict discipline, and reward punishment system for the in charge of project execution. Mr. Chidambaram is all praise for India's political system too.

Though, India does not entertain rancor and jealousy against China, but want to follow China in the matter of infrastructure. On the grounds of incoming investments, India's financial system is better at allocating capital than those in many upcoming markets. Also, its financial system certainly has significant room for improvement.

After up gradation of its Sovereign rating to investment grade, India would certainly receive handsome investments in coming time, says Chidambaram expressing great confidence.

Although India is creating new benchmarks in every sector, still it requires large investments over US$ 320 billion in infrastructure over the next few years to take its current growth rate to heights. A major part of these investments is expected to come from the private sector through the public-private partnership model (PPP) model.

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