Tag Archive for India direct selling

Indian Direct Selling Grew by 6.5% to $1.18 Billion In 2014-15

 
Indian Direct Selling Association (IDSA) in association with PHD Chamber of Commerce and Industry released the Annual Survey Report 2014-15 on the Indian Direct Selling Industry.
The highlights of the report are:

Gross sales stand at INR 79,583 million ($1.18 billion) in 2014-15 as against INR 74,722 million (($1.11 billion) in 2013-14.
The Industry has registered a growth rate of about 6.5 per cent in 2014-15 as compared to 4.3 per cent in 2013-14
Wellness and healthcare products contributed the largest share at a total of 42 per cent of the sales revenue of direct selling, while the cosmetics and personal care products contributed 34 per cent, homecare products, 11 per cent and consumer and household durables seven per cent.
While there is a 6.5 per cent growth in the direct selling industry all over the

Read more...

India’s Direct Selling Industry To Reach $9.6 Billion By 2025

 
India’s department of industrial policy and promotion is pushing for implementation of guidelines for direct selling industry, which is slated to touch Rs 645 billion (approximately USD 9.6 billion) by 2025, according to a report by FICCI and KPMG. 
According to a statement, Amitabh Kant, Secretary, DIPP at the Ministry of Commerce and Industry, said that direct selling will have to be given a greater thrust as it empowers women, MSMEs and promotes manufacturing in India. Kant was speaking at FICCI Direct 2015, an annual event for the direct selling industry. 
Kant said the industry has a potential to even grow beyond the projected level to Rs 1000 billion by 2025. 
The direct selling industry, which includes companies like Amway, Oriflame, Tupperware, among others, has been seeking clarity in definition and a regulatory framework for

Read more...

Direct Selling Companies Hit by E-Commerce In India 

 
Direct selling companies have taken a direct hit from ecommerce in India. Distributors of Amway, Oriflame and Tupperware in India are selling products online through Flipkart, Snapdeal, eBay and Amazon, disrupting the direct-sales business model. 
Even about a year after issuing notices to online marketplaces to halt the sale of their products, direct selling firms have little control over such transactions. While Amway and Tupperware continue to resist the ecommerce onslaught, some others have taken to collaborating with the online marketplaces. 
Hindustan Unilever has shut its direct-to-home model, HUL Network. Instead it has relaunched its Aviance beauty products and Ayush remedies on portals such as Amazon. Eureka Forbes, which sells water purifiers and vacuum cleaners, has launched specific models to sell on Flipkart and Snapdeal. 
An HUL spokesperson said the company reviewed the business in 2014

Read more...