NEW DELHI - Indian foreign minister Subrahmanyam Jaishankar rejected US President Joe Biden's comment that "xenophobia" was hobbling the South Asian nation's economic growth, The Economic Times reported on Saturday.

Jaishankar said at a round table hosted by the newspaper on Friday that India's economy "is not faltering" and that it has historically been a society that is very open.

"That's why we have the CAA (Citizenship Amendment Act), which is to open up doors for people who are in trouble ... I think we should be open to people who have the need to come to India, who have a claim to come to India," Jaishankar said, referring to a recent law that allows immigrants who have fled persecution from neighbouring countries to become citizens.

Earlier this week, Biden had said "xenophobia" in China, Japan and India was holding back growth in the respective economies as he argued migration has been good for the US economy.

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