Picture this: it's 1995, and Oriflame kicks off MLM in India. Fast forward to today, and the MLM industry is a giant worth 167 billion USD, set to hit 645 billion INR by 2025. India jumped from 22nd to 20th globally in MLM, with average annual sales of $300 per participant. By 2015-2016, MLM had positively impacted 50,000 lives, thanks to Make in India and Digital India. It's legit, but beware of illegal pyramid schemes. The sector's growth is booming, especially in Assam, Delhi, Punjab, and West Bengal, and is expected to reach 64,500 crores by 2025. Here's the kicker: 74% of MLM participants are women, driving empowerment and micro-entrepreneurship. India's MLM story is one of grit and growth, with challenges like low awareness and illegal schemes. What's your take on MLM?
Download the medial app to read full posts, comements and news.