India’s direct selling industry has nearly doubled since 2011 to Rs 126.6 billion in 2016 and is expected to grow at a compounded annual growth rate (CAGR) of 4.8 per cent to reach Rs 159.3 billion in 2021, a study by industry body Assocham, released on Tuesday, said.It said the average sales of each participant in India is about US $300 per year.
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