Mittal said global growth has slowed down and there is a

dynamic shift in the polity and economics of the world.

"For the last five years, the world has seen a growth rate of less than 3 per cent...This is a record low over several decades. If I look at 1920 downturn which melted the whole globe, after that probably we are witnessing very lean period in global growth," Mittal said.

He said that India needs to stay ahead in services so that many young people who graduate from here and skilled people from villages have the right to work across the globe.

Mittal, who is also the Chairman of International Chamber of Commerce, said that he is personally leading the issue of TFA for services not only on behalf of India but for all those regions which have younger population like the Middle East, Africa, Sri Lanka, Bangladesh and Indonesia.

He said there is too much turbulence in global economy but students in India are coming out of a nation that has immense opportunities and is "very safe and equally vibrant territory".

Mittal said that while growth of economies around the globe, including US and China, have slowed down, India stands tall with nearly 7 per cent growth rate.

He said that India has lot of consumption demand left in its economy and offers tremendous opportunities.

"India, which has lot of growth still left in its economy, which has to build massive amounts of infrastructure, right from the basic to most innovative infrastructure, offers tremendous opportunities," Mittal said.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)