Q. What is the position of India in the global ranking for direct selling, as per a study by WFDSA?
Answer:
Eleventh
Notes: India recorded sales of USD 3.23 billion (about Rs 26,852 crore) in 2022, moving it up to position 11 in the global ranking for direct selling, according to a study by the World Federation of Direct Selling Association (WFDSA).
As per the WFDSA report, last year, India’s direct selling registered a growth of 5.4 per cent over 2021 retail sales. India has the highest Compounded Annual Growth Rate (CAGR) of almost 13.3 per cent over the previous three years, measured in constant dollars.