Vikas entered the semi-finals of the AIBA World Qualifying Tournament in Baku, Azerbaijan to book a Rio berth after out-punching Korea's Lee Dongyun in the quarter-finals 3-0 on Thursday.
Though disappointed that he would not be able to take a shot at Olympic qualification now, Vijender said he is happy for those who have made the cut.
"I wish Vikas all the best and I hope he gets a gold medal in Rio. My best wishes are also with Shiva Thapa (56kg) and Manoj Kumar (64kg) who have also qualified for the Games," Vijender said from Manchester.
"I would have loved to have a shot at Olympic qualification but as things stand now, I will continue fighting in the pro arena. I am very happy for the boys who have qualified as they have done it against all odds," added India's first Olympic medallist in boxing, who had won a bronze in the 2008 Games in Beijing.
Vijender, who also happens to be the country's first World Championships medallist, had expressed a desire to give Olympic qualification a shot when AIBA flung the doors open for pro boxers after an extraordinary congress earlier this month.
Vijender will next be seen in action on July 16 when he competes for the WBO Asia title belt against Australian Kerry Hope in New Delhi next month.
Image: Vikas Krishan
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