New Delhi, July 9 -- Union Minister of Skill Development and Entrepreneurship Mahendra Nath Pandey said that India would be needing more than 70 lakh skilled manpower in coming months due to unleashing of economy. He said, more than 62 percent of India's population is young and it is Prime Minister's vision to make India as one of the largest skilled economy in the world.

Pandey was speaking at the 18th Annual Convocation Ceremony of VLCC Institute of Beauty and Nutrition. The Minister said that apart from the regular 6,000 employees, VLCC has given employment to more than 2 lakh youths in the last couple of years.

The Minister underlined that Beauty and Wellness business in India has a market potential of Rs 80,000 crore and can provide ...