Addressing a conference on Ideas of Harmonious Coexistence: Religions and Philosophies of India here, Dalai Lama said he would dedicate the rest of his life to revive the ancient Indian knowledge.
The Dalai Lama said that "China needs India, India needs China" and "they have to live side by side".
At an interactive session organised by the Indian Chamber of Commerce, Dalai Lama also claimed that China and Tibet enjoyed a close relationship, though there were occasional ‘fights’.
Noting that the modern world lacked moral principles and knowledge required to deal with emotions, the Dalai Lama asked the youth to ensure there was compassion among people.
Dalai Lama said that amid all the linguistic and cultural diversity in India, it is a country that is the "most stable, more peaceful" of the Asian nations.
The Dalai Lama fled Tibet in 1959 after a failed uprising against the Chinese rule in his Himalayan homeland and he has been living in India in exile since then.
"People cease to be Muslim, Christian or any group the moment they became terrorists," the Dalai Lama said.
Tibetan spiritual leader, the Dalai Lama on Sunday said that Lord Buddha "would have definitely helped" the Rohingyas" and he felt "very sad" about the violence
The spirit of "Hindi-Chini Bhai Bhai" is the only way forward, he stressed.
India and Bhutan are two countries out of the 14 countries China is yet to sort out boundary disputes.
The 82-year-old exiled Tibetan leader is due to make a public address at the three-day "Mind and Life Dialogue" conference in Gaborone on August 19 and is set to meet Botswana President Ian Khama.
Katrina Kaif took to Facebook to post a photograph of herself with the Dalai Lama.
The Dalai Lama's sermons on ethics, non-violence, peace and religious harmony have made him one of the 20th century's most revered spiritual leaders.
China today said that the Dalai Lama cannot change the religious rituals and processes to appoint his successor as the title of Dalai Lama was conferred on him by the Chinese government.
China today lodged a diplomatic protest with the United States over a bipartisan Congressional delegation meeting with Tibetan spiritual leader the Dalai Lama in India on Tuesday.
A bipartisan American delegation on Tuesday assured Tibetan spiritual leader the Dalai Lama that the United States continues with its commitment to the Tibetan people, their faith, culture and language.
The meeting of Foreign Ministers of RIC was to be held in New Delhi in April but it was put off as Chinese Foreign Minister Wang Yi declined to attend it.
Some party officials have neglected important political issues and the country's anti-separatist struggle, WangYongjun, head of the discipline watchdog in Tibet, which is officially called the Tibet Autonomous Region, was quoted as saying.
In a potentially provocative statement, Tibetan spiritual leader the Dalai Lama on Thursday said that Tibet will weigh on China’s mind in the event of any conflict with India.
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