Shah said that Naidu is "among the senior most leaders in India across party lines".
Naidu has served twice as BJP President and has been a member of the Rajya Sabha for four terms.
"All the members of the National Democratic Alliance (NDA) have welcomed Venkaiah Naidu's candidature for Vice President," Shah said.
Naidu will file his nomination on Tuesday.
The opposition has already declared former diplomat and Mahatma Gandhi's grandson Gopalkrishna Gandhi as their candidate.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)