Indian direct selling industry rises 13 pc to Rs 13,000 cr in FY19
The Indian direct selling industry grew around 13 per cent in 2018-19 with sales totalling around Rs 13,000 crore, in which wellness products contributed over half of the total volume, said a IDSA report on Wednesday.
Besides, the industry also contributed around Rs 2,500 crore to the exchequer during the period, according to the Indian Direct Selling Association's (IDSA) Annual Survey 2018-19.
"North region contributed to around 27 per cent of the direct selling sales in the country in FY 2018-19. This was closely followed by the west region with approximately 25 per cent of the direct selling sales," the report said.
The Indian direct selling industry was at Rs 11,670 crore in 2017-18.
According to the report, the total number of direct sellers in India stood at around 5.7 million, in which the industry comprised almost equal number of male and female direct sellers.
Out of the total industry sales, over 50 per cent came from wellness products, which include weight management ...