India should fully realise its potential: Venkaiah


Chennai: India is a young Nation and there is a need to fully realise the potential of our demographic dividend, Vice President M Venkaiah said here.

Speaking after presenting Export Excellence Awards for the Special Economic Zone (SEZ) Units and Export Oriented Units here, he said there has to be a special drive to provide employment to our youth and equip them with necessary skills.

‘Unless this is done, our demographic advantage might turn into a disadvantage’, he said.

Tamilnadu has a highly developed industrial manufacturing eco-system. It has evolved into the largest hub for the production of automobiles, auto-components, textiles, leather products, light-heavy engineering, pumps and motors, electronic software and hardware.

The Vice President said there was a record achievement of USD 418 billion of merchandise exports in the just-concluded 2021-22 financial year.

Services exports were about USD 250 billion.

‘This trend should continue and I am sure that exports will increase in the
coming months’, he added.