Direct selling News : Industry can touch Rs 64,500 crore by 2025 . - Direct Selling News Reviews & Updates of Companies

DirectSelling.co.in "News,Review & Updates" a platform for Genuine Product Based Company Information Get Latest Direct Selling News, Network Marketing News, MLM News of Indian Companies. FREE MLM Leads , MLM Classifieds, MLM Business, MLM Leaders, MLM Plan, MLM NEWS INDIA, Latest MLM News, Hindi MLM News, MLM News In English, MLM News in India, mlm news in Hindi, Indian MLM News Portal, No.1 MLM News websites- MLMNewspaper.com

Windows

test banner

Post Top Ad

Responsive Ads Here

Direct selling News : Industry can touch Rs 64,500 crore by 2025 .

Share This

In India, direct selling market is around 0.08% of the GDP at the moment, and hence has huge potential to grow.
Once clear regulatory guidelines are in place, the direct selling industry has the potential to touch Rs 64,500 crore in turnover by 2025, from a Rs 7,200 crore size now, felt industry experts here.

Talking at sidelines of the Federation of Indian Chambers of Commerce and Industry (FICCI), Rajandeep Singh, manager, strategy, strategy & operations, management consulting,KPMG India said that countries with a thriving direct selling market, have direct selling market to GDP ratio of 0.2 to 1.2 per cent. In India direct selling market is around 0.08 per cent of the GDP at the moment, and hence has huge potential to grow.

Singh added, "Segments like wellness, cosmetics and personal care now dominate the Indian direct selling market. By 2025, we estimate that as consumer markets would grow, the disposable income of the Indian middle class would also grow by at least 2.5 times. People in these households would spend more on personal care and wellness products."
The direct selling industry in the country now engages around 5.8 million people who are involved as distributors or direct sellers. According to KPMG, this number could grow to 18 million direct sellers by 2025. Women form a significant chunk of direct sellers, and from a current 3.4 million women, their numbers could touch 10.6 million by 2025.

Rajat Banerji, co-chair, FICCI-Direct Selling Commmittee, said that the industry is waiting for changes in the regulatory framework that now governs direct selling companies, and once that comes in, direct selling industry has huge potential in India. "In countries like Mexico, which have similar socio-economic structures, with one-tenth of India's population, the size of the direct selling industry is at least eight times bigger," he said.

The Indian Direct Selling Association (IDSA) has already sought changes to the Prize Chits and Money Circulation Schemes (Banning) Act, 1978, and has urged the government to provide clarity in order to avoid misinterpretation.

The direct selling industry feels that the law in its current form is unable to distinguish between genuine direct selling companies from pyramid and ponzi schemes.
Source :- http://www.business-standard.com  www.mlmnewspaper.com


article/companies/direct-selling-industry-can-touch-rs-64-500-crore-by-2025-114111600818_1.html

5 comments:

  1. Dear Brothers and Sisters, To become really successful in MLM Only Altos Enterprises Ltd. in India is The Best of Bests business. Failed to any other MLM Business will gain Success. This is Power of Altos Business with Success Key “Market Price” and “Best Business Plan” which beats all other MLM. Do business with Market Price, the “secret of success” Other companies are looting you with high prices.
    To Join Best Business of India Altos Enterprises Limited Please call Sanjay Rastogi : +91-7888582079, 7837624820 or 7355186782. You can write me: sanras82@gmail.com

    ReplyDelete
  2. marketing plan

    Vestige offers very rewarding bonuses for the efforts put into the business. The Vestige Marketing Plan is a cumulative plan where you never drop from the level of achievement and keep on achieving higher levels, i.e to say that your earlier efforts and achievements are always counted in your bonus calculations.
    the vestige benefits

    10-20 % Savings on consumption

    05-20% Accumulative Performance Bonus

    14% Director Bonus

    15% Leadership Overriding Bonus

    5% Car Fund

    3% House Fund

    3% Travel Fund

    steps to successfulentrepreneurship Be a regular user of products

    Vestige is a best plateform.
    More info.call 9925232946

    ReplyDelete
  3. In company ke alawa koi company ho to kripya bataye
    Satyendra Yadav
    9212064630

    ReplyDelete
  4. Want to join a best MLM,
    GLAZE TRADING INDIA PVT.LTD.
    Contact us, or call us...
    8340725918

    ReplyDelete
  5. BEST BUSINESS MLM PLAN ININDIA Now no product sales.no target.only customer creation mob 9037006927

    ReplyDelete

Post Bottom Ad

Responsive Ads Here

Pages