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Amway India registers 39% growth in Northeast

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Amway_Dimapur_107508313Kohima, November 3 (MExN): Amway India Enterprises Pvt. Ltd has registered a 39 % growth in the Northeast in the first nine months of the fiscal year 2009. Amway India recorded a sales-turnover of Rs. 55.1 crore in northeast during 2008 and Nagaland at Rs. 7.43 crore during  2008. Amway India also paid taxes to the tune of Rs. 6. 34 crore in Northeast in 2008 and to the state exchequer of Nagaland, Rs. 8.9 lakh.

“Northeast, contributing a sizeable chunk of our turnover for eastern India, has witnessed 39% growth in sales during January to September 2009 over the corresponding period last year,” said Diptarag Bhattacharjee, vice president, Eastern region, Amway India during  a press conference here.

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Amway India set to open showrooms

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amwayindialogoAda (Michigan), July 19: Amway is reworking its direct sale strategy in India to get closer to consumers.

The wellness, beauty and homecare products firm, which expects a quantum jump in sales in India, is planning to turn its 54 distribution centres into showrooms to give consumers a first-hand experience.

So far, direct selling agents went to the consumers’ homes and sold the Amway products.

As a company that pioneered direct sales, Amway did not have a brick-and-mortar presence.

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Amway to invest $37million in India

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Amway IndiaAmway, the direct selling FMCG firm, has said it plans to invest around Rs.1.85bn ($37m) over the next three years in India, confirming its interest in the local market. The company said the money will be used to acquire land for its headquarters in the National Capital Region, as well as for opening branches in other cities.

The headquarters will require an investment of around Rs1.0bn-1.5bn, and the five to eight branches it plans to open will require an investment of about Rs.2.0bn-4.0bn each. The company presently has 127 offices and pick-up centres across India, as well as 55 warehouses.

Amway is also expanding its product offers in India, and said it aims to reach sales growth of Rs.25bn ($500m) by the fiscal year ending March 2013.

source: http://www.kamcity.com/namnews/asp/newsarticle.asp?newsid=46902 

 

Amway India records turnover of Rs.1128 crore in 2008

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Amway IndiaAmway India Enterprises, a part of the Amway Global Community, has recorded a turnover of Rs.1128 cr in 2008 (US$231million), registering a robust growth of 40 percent over the last fiscal year.

''Amway India clocked Rs.800 cr turnover in 2007. The company aims to reach 2,500 cr turnover by 2012,'' said Amway India’s eastern region vice president Diptarag Bhattacharjee.

''We had set a target of Rs.850 cr turnover for 2008. Riding on the success of some big ticket launches and new strategic business decisions, we have been able to cross the magical figure of Rs.1,000 cr and finished with Rs.1128 cr turnover in 2008,'' he said while addressing mediapersons here yesterday.

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Corporate aid for hearing and speech impaired kids - Amway launches project

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Amway Opportunity Foundation - Project SunriseThe less privileged children of a school for hearing and speech impaired here can now look forward for better education, healthcare and nutrition.

Amway Opportunity Foundation unveiled “Project Sunrise”, a global welfare initiative for the less privileged child. Amway Opportunity Foundation, the corporate social responsibility arm of Amway India Enterprises Private Ltd, will partner Kshitish Muk Badhir Vidyalaya (School for hearing and speech impaired) in Ranchi, for three years.

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