During the Telangana Direct Selling Sammelanam 2021, held here on Friday, Jayesh Ranjan, Industries Principal Secretary, said that the Telangana government is ready to provide all assistance to the Direct Selling Industry in setting up manufacturing in the state.
He said that direct selling is a 20-year-old industry that has had issues in the past owing to cheating and fraud, but that the State’s Department of Promotion of Industry and Internal Trade would now encourage businesses to set up production in the state. “The Centre will soon begin registering direct selling enterprises, and Telangana has a strong industrial strategy that will always support excellent businesses,” he added.
According to the Indian Direct Selling Association’s annual survey report, the state contributed about 13.15 percent of business in the southern area, with a revenue of Rs 292.50 crore (IDSA). The IDSA has asked the State government to expedite a registration procedure for Direct Selling firms, citing the State’s contribution to national sales of 1.74 percent in 2019-20.
According to V Prakash Rao, Policy Advisor to the Chief Minister of Telangana and Chairman of the Telangana Water Resources Development Corporation, the industry views Telangana as the preferred destination for generating sales and establishing production facilities for manufacturing high-quality goods.
“The industry indicators show that Telangana has everything to take the direct selling sector to the next level in terms of growth, technological integration, job or income creation, empowering women and MSMEs, and so on,” said Rajat Banerji, vice chairman of IDSA.
