India going through massive transformation, will drive global growth: Modi

India is going through a massive transformative phase and international agencies say the country will drive the growth of the global economy in the coming decade, Prime Minister Narendra Modi said Monday as he invited the Indian community in Japan to contribute actively in building a "new India".

Modi, who arrived in Japan on Saturday to attend the 13th India-Japan annual summit, detailed India's economic and technological growth during his four-year tenure.

"India is going through a massive transformative phase today. The world is appreciating India for its service to humanity. The nation is being felicitated for its policies and for the work being done towards public welfare," he said.

Modi said that India is continuously working with the spirit of Indian solutions-global applications. He said that India's model of financial inclusion, especially JAM (Jan Dhan Yojana, Mobile, Aadhar) trinity and digital transaction model, is now appreciated all over the world.

He hailed the expanding network of telecommunications and internet in the country.

"Today India is making tremendous progress in the field of digital infrastructure. Broadband connectivity is reaching villages, over 100 crore mobile phones are active in India. 1 GB is cheaper than a small bottle of cold drink. This data is becoming the tool for service delivery," Modi said.

Speaking about 'Make in India' initiative, Modi said the initiative has emerged as a global brand.

"We're manufacturing quality products not only for India but for the world. India is becoming a global hub, especially in the field of electronics and automobile manufacturing. We're rapidly moving towards being no. 1 in mobile phones manufacturing," he said.

He said that solutions or innovations taking place in India are not only cost-effective but the best in quality as he cited India's space programme as an example.

"Last year our scientists created a record by launching over 100 satellites into space simultaneously. We sent Chandrayaan and Mangalyaan at a very low cost. India is preparing to send Gaganyaan into space by 2022. Gaganyaan will be 'Indian' in all aspects and the one travelling in it will also be an Indian," he said.

Modi said India is becoming one of the fastest growing big economies due to the development taking place in the country.

"After seeing these developments, international agencies say that India would drive the growth of the global economy in the coming decade," he said.

He said Japan and the Indian diaspora has a big role to play in India's growth story.

Modi emphasised on the Japanese contribution in creating smart infrastructure for building a New India'.

"From bullet train to smart cities, Japan is contributing in all the new India infrastructure that is being built," he said.

Terming the Indian community as ambassadors of India in Japan, the prime minister urged them to invest in India and to maintain cultural ties with the motherland.

He urged the Indian community to strive to continuously improve the relations between India and Japan.

Modi hailed the Indian diaspora for introducing Kabbadi and cricket in Japan where martial art is very popular.

"Just as lamps light up the dark during Diwali, wherever you are, you are spreading the light of India to every corner of the world and Japan and making the country proud," the prime minister said.

Modi also invoked the legacy of Sardar Vallabhbhai Patel at the event.

"We celebrate Sardar Patel's birth anniversary every year, but this time we will grab the attention of the entire world. In Gujarat, his birthplace, Sardar Sahab's statue - the tallest in the world - is being built," he said.

The structure is reportedly twice the height of the Statue of Liberty in the United States. It is being constructed at the banks of River Narmada in Gujarat.

He invited the Indian diaspora for the Pravasi Bhartiya Diwas in January in Varanasi and Ardh Kumbh.