Amway India is aiming to attain Rs. 6,000 crore turnover by 2020.
Attending media-persons by William S Pinckney, MD and Chief Executive Officer, Amway India at company’s contract manufacturing facility on Thursday, said:.
“Direct selling market in India is showing a healthy and balanced development, which is in around 22 %.”.
“Besides, world-class high quality item, allowing internet orders coupled by normal TELEVISION campaigns, have been significant growth motorists for Amway. Going by the marketplace trend, we are aiming to touch Rs. 6,000 crore by 2020.”.
To meet the increasing demand, Amway announced its initial Greenfield production center in the nation with a financial investment of Rs. 550 crore.