India, Aug. 11 -- India is the world's fastest-growing major economy and is rapidly moving towards becoming a global leader, Prime Minister Narendra Modi said in Bengaluru on Saturday, days after US President Donald Trump described the country's economy as "dead" amid escalating trade tensions between the two nations.

Addressing a public gathering after inaugurating the 19-kilometre Yellow Line of the Bengaluru Metro, Modi said India was on track to become one of the world's top three economies as he credited the country's economic momentum to the central government's "reform, perform, transform" approach.

"India is currently the fastest-growing major economy in the world. In the past eleven years, India's economy has risen from the 10t...