She said the women should "drive (do) something special" by realising their "equal capacity to compete" and internal "shakti" (power).
"...and that unique capability combines power of the homemaker, the ability to bring a certain beauty and divinity into the world as well as the equal capacity to compete in any field," Reddy said.
She was speaking at a panel discussion at the Indian School of Business (ISB) here on 'Post GES: The Way Forward'.
US President Donald Trump's daughter and adviser Ivanka Trump had also attended the event.
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Reddy said the fact that two highly significant portfolios, like defence and external affairs, are currently held by women in the Union cabinet, it sends out a message on the capabilities of women.
"We saw on his (prime minister's) right and his left, his defence minister and the minister for external affairs were both women and we felt further empowered," she said.
Telangana government's IT secretary Jayesh Ranjan said women in the informal economy faced several challenges.
"You will be surprised to know that 92 per cent of Indian work force is in the informal sector. Women who are in that informal sector face much more challenges," he said.
"They are quite easy to lay off, quite easy to terminate. Definitely, they bear the brunt of any upheavals which that industry faces," Ranjan said.
He favoured a collective effort to protect the women members of the work force.
NITI Aayog's adviser Anna Roy said the government think-tank would work with FICCI to encourage young entrepreneurs.
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