By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
Latest World News Update > Blog > Business > Atomy India eyes leveraging “Hallyu Wave” in India, Celebrates 4th Anniversary with a New Product Launch – World News Network
Business

Atomy India eyes leveraging “Hallyu Wave” in India, Celebrates 4th Anniversary with a New Product Launch – World News Network

worldnewsnetwork
Last updated: November 25, 2024 12:00 am
By worldnewsnetwork
Share
7 Min Read
SHARE

PNN
New Delhi [India], November 25: India has emerged as a prominent country in terms of the growth of the direct selling industry. According to the 2023 World Federation of Direct Selling Association (WFDSA) Report, total sales reached Rs 28,376 crore ($3.435 billion) in 2023 and the sector recorded an impressive 11.8% year-on-year increase. Indian direct selling industry witnessed a CAGR of 8.3% from 2020 to 2023. Global players in the sector eye the growing markets and plans to increase their market shares with new products in several product categories with a focus on wellness and personal care.
Atomy India, the Indian arm of the global direct selling giant Atomy, celebrated its 4th anniversary with grandeur at Bharat Mandapam, New Delhi, on November 23, 2024. The celebration brought together over 2,400 distributors and members from across the country, highlighting the company’s remarkable journey in India and unveiling its ambitious plans for the future. The celebration was graced by Atomy’s Chairman, Han-Gill Park, on his maiden visit to India, and featured the launch of two new products–one imported from South Korea and another developed locally under the GSGS (Global Sourcing, Global Sales) strategy and India’s ‘Make in India’ initiative.
In his keynote speech, Park underlined the rapid evolution of India’s direct selling industry, citing data from the 2023 WFDSA Report. “India is a vital part of Atomy’s global vision. The passion and entrepreneurial spirit of Indian distributors inspire us to keep innovating and bridging the gap between Korean excellence and Indian enterprise. This celebration is a testament to our shared commitment to growth, innovation, and mutual success,” said Han-Gill Park.
“The Indian direct selling sector has recorded nearly 12% year-on-year and over 8% CAGR in the last three years reflects its potential. These figures are a testament to the immense potential, entrepreneurial spirit, robust ecosystem of the Indian market,” added Park.
Adding a deeper perspective to his vision, Park addressed the contributions and opportunities within the Asia-Pacific region. He said, “Women represent 37% of the distributor-base in India, which is lower than in other Asian countries. This presents a tremendous opportunity for Atomy India to empower more women entrepreneurs and drive inclusivity in the sector.”
The celebration also marked the launch of two new products that exemplify Atomy’s dual commitment to global innovation and local development. The first product, a premium Korean import, showcases Atomy’s state-of-the-art technology and superior quality. The second product, developed in India, shows the company’s dedication to supporting India’s ‘Make in India’ initiative by utilizing local talent and resources.
“With India being a key growth market, we are committed to bringing innovative, high-quality Korean products while nurturing local expertise under the Make in India initiative. This anniversary marks not just four years of operations in India but also a renewed commitment to empowering Indian entrepreneurs and creating a bridge between Korea and India through our products. Our initiatives would fuel Hallyu Wave, i.e. Korean wave in India too,” said the Chairman.
The WFDSA Product Report 2023 revealed that the Wellness category dominates the market, contributing a significant 74% of total sales. Other notable categories include Cosmetics & Personal Care (11%), Household Goods & Durables (8%), Foodstuff & Beverages (3%), Home Care (2%), and smaller contributions from Utilities and Miscellaneous products.
“Atomy’s focus on premium wellness products aligns perfectly with this trend,” said Park. “Our flagship product, the Absolute Skincare Set, which has earned prestigious accolades like the King Sejong Award, IR52 Jang Young-sil Award and Next Generation World-Class Product of Korea, is a perfect example of how we blend wellness with cutting-edge innovation to meet consumer needs.”
As Atomy continues to strengthen its presence in India, it is also actively shaping the global direct selling landscape. Atomy is actively involved in the global direct selling landscape and is a key organizer of the WFDSA World Congress 2026 in South Korea. Chairman Han-Gill Park, a driving force behind Atomy’s global success, emphasized the company’s vision for growth.
Dr. Abraham Lee, MD & CEO of Atomy India, said, “Atomy India has grown exponentially in the past four years. We have not only embraced the Korean Wave but has also fostered a unique ecosystem of local innovation and entrepreneurship. The launch of these new products is a reflection of our commitment to providing world-class solutions that cater to Indian consumers while promoting local industries.”
India has emerged as a cornerstone of Atomy’s global strategy. Its journey has been fueled by its commitment to providing Absolute Quality and Absolute Price, empowering entrepreneurs, and capturing the essence of Hallyu. The company aims to scale new heights by expanding its product portfolio, fostering local manufacturing, and inspiring a new generation of Indian entrepreneurs. This 4th-anniversary celebration not only celebrated past achievements but also set the stage for a dynamic future, blending Korean excellence with Indian innovation.”
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
Romeo Force of Indian Army organises Cricket Premier League in J-K’s Poonch – World News Network

While speaking to ANI, Manavar Hussain Khan, BJP Mandal President, Balakot, said,…

APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

20,000 sq ft Skill Development Centre to be set in Aurangabad Industrial City in partnership with CII; MoU next week – World News Network

By worldnewsnetwork

Union Bank of India cuts 2025-26 headline inflation forecast, largely in line with RBI – World News Network

By worldnewsnetwork

Centre’s semiconductor push could cut chip imports by USD20 bn: McKinsey – World News Network

By worldnewsnetwork

Indian stock markets to track Q1 earnings, tariff talks, and macroeconomic data this week: Experts – World News Network

By worldnewsnetwork

Sports

Wyatt-Hodge, Dunkley shine as England edge India in final-ball thriller to clinch final T20I – World News Network
Sports
Jonathan Milan crushes sprint rivals to seal first Tour de France stage win, Tadej Pogacar coasts through quiet day in yellow – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Kota Srinivasa Rao dies at 83: Chiranjeevi, Pawan Kalyan, and Prakash Raj visit the late actor’s residence to pay their respects – World News Network
Entertainment
Vanessa Hudgens announces she’s expecting second child with husband Cole Tucker – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?