Chandigarh, 9th August 2016: Oriflame, a leading direct selling Swedish beauty brand is looking forward to the Consumer Affairs Ministry’s proposal to regulate the Rs 8000 Crore direct selling sector which will protect the interest of consumers and direct sellers on direct selling platforms.
Lack of clear guidelines has hurt the direct selling industry due to various Pyramid/Ponzi schemes in the market. The guidelines once notified will be conveyed to the states who 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 as informed by Mr Vivek Katoch Director- Corporate Affairs.
Expressing appreciation on government initiatives, Mr. Katoch further added, ‘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, ‘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’.
Oriflame will provide more self-employment opportunities to both men and women going forward and has a plan to expand its network to Tier 3 and 4 towns across the country and help thousands of housewives and professionals who work part time to earn a steady income.
Founded in 1967, Oriflame is a beauty company selling direct in more than 60 countries. Its wide portfolio of Swedish, nature-inspired, innovative beauty products is marketed through approximately 3 million independent Oriflame Consultants, generating annual sales of around €1.5 billion. Respect for people and nature underlies Oriflame’s operating principles and is reflected in its social and environmental policies. Oriflame supports numerous charities worldwide and is a Co-founder of the World Childhood Foundation. Oriflame Cosmetics is listed on the Nasdaq OMX Nordic Exchange.
For more information, log on to www.oriflame.co.in or SMS Oriflame to 59994.