India to aim at 7.5% growth rate: PM

India will aim at a 7.5% growth rate by taking steps to open up further, Prime Minister Manmohan Singh today.

"We are committed to be more open - a more open economy, more open society and more open polity," Singh told over 400 members of the Indian community yesterday.

"Winds of change are creating a situation for growth of India. We want to see the growth rate go up to 7.5% in the future," the Prime Minister said.

"The future belongs to India and China. India is on the move, working together the people of India are bound to enjoy their destiny, I invite you all to make it happen," he told the NRI community.

The Prime Minister noted that in the next five to ten years, India's working population was going to increase substantially resulting in the rise in the savings rate of the economy.

"We have a long ardous journey ahead of us. We have to tackle poverty and ignorance. But India is on the move. We are going to create India as a land of creativity and opportunity," he said.