QNet bullish on India, eyes 25 pc topline growth

Press Trust of India  |  Kolkata 

Hong Kong-based direct selling company is bullish on the Indian market and eyes a topline growth of 25 per cent at Rs 800 crore in the current fiscal.

The company was now looking at growing its business in healthcare, fast moving consumer goods, luxury and holidays segments.

said in statement that it was very bullish on Indian market and was looking at more investment following favourable guidelines for direct selling announced by the government.

"We expect 25 per cent growth of sales turnover at Rs 800 crore in FY19," Savio Oliver Rodrigues said as quoted in the statement.

Major growth in and luxury segments in are anticipated, the most sought after segments. "We hope to grow between 17 to 19 per cent in segment to reach Rs crore-mark this year", he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 23 2018. 12:00 IST