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India's direct selling industry may reach Rs 159.3 bln by 2021: ASSOCHAM

India's direct selling industry may reach Rs 159.3 bln by 2021: ASSOCHAM

Jan 02, 2018, at 11:10 pm

New Delhi, Jan 2 (IBNS): The Direct Selling industry in India has almost doubled since 2011 to reach INR 126.2 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of about 4.8% to reach INR 159.3 billion in 2021, reveals the study undertaken by ASSOCHAM.