18.1M to be employed by direct selling industry by 2025
By IANS |
Published on
Tue, Dec 22 2020 11:48 IST |
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Growth chart. (File Photo: IANS). Image Source: IANS News
New Delhi, Dec 22 : Direct selling sector is poised to employ more than 18 million by 2025 and as per industry estimates, the Direct Selling industry in India, which currently ranks No. 15, globally, is expected to grow at a Compounded Annual Growth Rate (CAGR) of about 4.8 percent to reach Rs 15,930 crore by 2021.
This proves that the Direct Selling Industry is flourishing and illustrates its potential with the continued rate of growth increasing at an impressive rate of 12.1% Y-o-Y.