New Delhi, July 9 -- : India's beauty and wellness sector has a market potential of Rs 80,000 crore and can provide employment opportunities to lakhs of people, Minister for Skill Development and Entrepreneurship Mahendra Nath Pandey said on Tuesday.

He said skilling youngsters in beauty and wellness centres can be an important tool for women empowerment. After training, students can set up their own centres by availing easy loans from Micro Units Development and Refinance Agency (MUDRA) Bank and generate gainful employment opportunities.

With a fast-growing economy, the country will need more than 70 lakh skilled manpower in coming months, said Pandey. More than 62 per cent of the population is young and it is Prime Minister Narendra Mod...