India has made tremendous progress under Prime Minister Narendra Modi in the last four years and the entire world is now looking towards the country, Vice President Venkaiah Naidu told a gathering of Telugu Americans here.

"The entire world's economy is slowing down. The only economy which is growing faster is India," Naidu said. Addressing a gathering of several hundred Telugu Americans in this windy city Saturday, Naidu referred to the latest growth figures and projections by various international financial institutions like the Asian Development Bank, the World Bank and the International Monetary Fund (IMF). "The entire world is looking towards India now," Naidu said in his speech in Telugu.