By Tricitynews Reporter
Chandigarh
09th August:- Oriflame, a leading direct selling
Swedish beauty brand is looking forward to the Consumer Affairs Ministry’s
proposal to regulate the Rs8000Crore direct selling sector which will protect
the interest of consumers and direct sellers on direct selling platforms.
Vivek Katoch Director-Corporate Affairs said
that lack of clear guidelines has hurt the direct selling industry due to
various Pyramid and Ponzi schemes in the market. The guidelines once notified
will be conveyed to the states that may have an option to adopt them. And, the
proposal once implemented will provide a conducive and sustainable operating
environment for Direct Selling Companies and at the same time ensure the
interests of the consumers.
Expressing appreciation on government
initiatives, Vivek Katoch further added that we wholeheartedly support the ‘Make in India’
initiative. The company already has two world class manufacturing facility for
domestic consumption & export purposes and going forward we will be
investing in areas like packaging, labelling, equipment, bringing in new
technologies including but not limited to Digitalization’.
Speaking about these initiatives, Juan Carlos Posada- Sr. Director,
Regional Marketing, South Asia- Oriflame said that we are committed to
the cause of women empowerment and its business model has helped millions of
Indian homemakers to fulfill their dreams independently. Interestingly, more
than 90% of our business in India is contributed by women which clearly reflects
the efforts we have made to empower them.
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