MLM News

NetworkingEye.com: MLM News, MLM News in Hindi, MLM business, MLM Companies, Scam Companies

  • Home
  • हिन्दी MLM News
  • Scam Companies
  • Guest Post
  • Submit An Article
  • Submit Press Release
  • Advertise
  • Contact

Tremendous Growth of Himachal Pradesh in Direct Selling Industry

By Ak Sharma | Published on 14/07/2020

Rate this News

Owing to the ongoing Covid-19 pandemic and the government-mandated lockdown, the ever-improving telecom infrastructure in Himachal Pradesh has had a positive impact on the growth of the Direct Selling industry in the state.

Mr Vivek Katoch, Director, Corporate Affairs-Asia of Swedish company Oriflame in India, said “Himachal Pradesh has already achieved near hundred per cent electricity coverage. The fact that the state government is now working proactively on connecting remote places in Lahaul Spiti, Kinnaur and Chamba districts with high-speed internet connectivity which has increased the prospects of the state emerging as an attractive market for the Direct Selling industry in India.”

India Direct Selling Association (IDSA) is of the view that an increase in adoption of digital means of conducting business activities duly supported by the other industry-friendly initiatives taken by the state government, the Direct Selling industry in the state has a bright future, Mr Katoch, who also holds as Treasurer of IDSA, said.

He said people associated with Direct Selling industry were worried about the growth of their business, however, due to a robust telecom infrastructure in place in the state, direct sellers were able to swiftly adopt digital means to increase their reach and business prospects.

It is worth mentioning that Himachal Pradesh is one of the 13 states in India to have notified the Direct Selling Guidelines based on the model set notified by the Department of Consumer Affairs of the central government thereby paving way for the development of the industry in the state as well in the country.

As per the Annual Survey 2018-19 for Direct Selling industry in India, Himachal Pradesh generated a total direct selling sale of Rs 23 crore, a figure which is expected to grow robustly since the notification of Direct Selling guidelines in the state in July 2019.

Apart from providing an opportunity to generate sustainable self-income, Direct Selling industry is also promoting the growth of MSME sector in the state. “Himachal Pradesh has traditionally been a major supplier of medicinal herbs and plants. As a significant number of Direct Selling companies are engaged in the manufacture and distribution of Ayurvedic products, the state has become an attractive manufacturing hub for the Direct Selling industry,” Mr Katoch said.

The Union Government is all set to bring MLM rules under the purview of Consumer Protection Act 2019 that will further strengthen the Direct Selling industry in the country as India is one of the fastest-growing markets around the world for the business of Direct Selling. The future of Direct Selling in India is promising and states like Himachal Pradesh are poised to play a significant role in it, he added.

  • Tweet
  • WhatsApp
  • More
  • Email
  • Print
  • Telegram

Related

Filed Under: IDSA India, MLM News

SUBSCRIBE TO Networking Eye - MLM News

Sign up for our newsletter and receive news, updates, and the latest alerts.

Leave a Reply Cancel reply

LATEST NEWS

  • Enforcement Directorate freezes 36 bank accounts with over Rs 90 crore in inspections at direct selling firms Qnet in Mumbai, Bengaluru, and Chennai
  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
  • Gautam Bali: The Successful CEO Behind Vestige Marketing Private Limited’s Growth
  • Direct Selling in India: An Overview of the Industry and its Regulatory Framework
  • Co-founder of $4B OneCoin fraud scheme pleads guilty and faces up to 60 years in jail

TRENDING TODAY

  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
    Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare
  • Top Direct Selling Companies
    Top Direct Selling Companies
  • All You need To Know About Vestige
    All You need To Know About Vestige
  • Scam Companies
    Scam Companies
  • SCAM Companies New Updated list
    SCAM Companies New Updated list
  • The Indian Direct Selling Association - IDSA
    The Indian Direct Selling Association - IDSA
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)
  • QNet Is A scam In India or Legit?
    QNet Is A scam In India or Legit?
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • Now Star News Exposes Ram Survey Scam
    Now Star News Exposes Ram Survey Scam

COMMENTS

  • Top 5 Fastest Growing MLM Companies in India 2023: Vestige, Amway, Herbalife, Forever Living, and Modicare » MLM News on John Oliver calls MLM industry a ‘pyramid scheme’
  • Top Direct Selling Companies » MLM News on Ponzi Schemes Vs direct selling companies
  • Decriminalization of MLM: its Importance and Issues » MLM News on Indian government to soon issue the guidelines for Direct Selling Industry
  • Michael Dayaram Mangela on Scam Companies
  • Murali on Indian Cyber Crime Toll-free Number to Report Online Frauds

Copyright © 2014–2023 · NetworkingEye.com

About Us · Privacy Policy · Cocky Policy · Terms & Conditions