"The nation has more human resources than any other developed country, but our youths lack knowledge, particularly technical knowledge. If they are imparted technical training, they can create wonders. We will be able to dictate the terms to world by improving the capacities of our youth," he said.
Naidu laid foundation stone for Dr Abdul Kalam Centre for Skill Development, Communication and Knowledge at 'Swarna Bharat Trust, Vijayawada chapter, at Atkur village near here.
Naidu said most of the developed nations are facing the problem of ageing.
"Some countries like China have failed to sustain its economic growth due to variation in age," he said.