Panasonic partners Modicare to target Indian households

Panasonic Corporation, one of the
global leaders in innovation and technology, has announced a
strategic alliance with Modicare, one of the India's leading direct
selling companies. The agreement, signed between Daizo Ito,
President, Panasonic and Amrish Roy Anand, CEO, Modicare will further
strengthen Panasonic distribution network and reach in India. As part
of the agreement, initially, selected Panasonic personal care
products will be sold through the vast Modicare network of 40 centres
spread across 2,700 cities. The current tie-up will have a few
products from the beauty care and home appliances range. Speaking
about the alliance with Modicare, Ito said, “We are glad to partner
one of the Ieading direct selling companies in India. It is our
constant endeavor to bring solutions to Indian families that enhance
and improve their quality of life, by offering best in class products
through a strong distribution network. Alliance with Modicare is
another step in this direction.”

KK Modi, Chairman, Modi Group of
Companies, shared, “We launched Modicare in India to provide an
alternate source of income to many. We are the first Indian company
to do so and have been very well accepted. The company is on a sound
footing and continues to expand its footprint in India and in
different geographies. With a professional team of managers I am
confident that the company is on the right path to success.”
Modicare is extremely positive on the growth of the Modicare
multi-level marketing, with a complete makeover to the brand. He
further said “Modicare offers equal opportunity to all who wish to
participate in this direct selling business. It provides a platform
to earn unlimited additional income by building a network of people
and helping them to succeed in the business. With 15 years of
existence and a strong national presence, we have grown YoY with the
support of dynamic and loyal Modicare consultants. The unique range
of products with a blend of 'Nature and Science' is there to
satisfy everyday needs of each household. These products are very
competitively priced. The fast expanding product portfolio across
various categories will make us a brand to reckon with! The strong
foundation will help us grow in leaps and bounds in the coming
years.”