Amway India targets Rs 25 billion turnover by 2012

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Amway India, a wholly-owned subsidiary of US-based Amway Corp, that retails products in FMCG through online and direct selling, targets a turnover of Rs 25 billion over the next four years.

As part of the plan, the company has relaunched its portal to facilitate online order placement and plans to open 300 offices across the country in the next five years, up from its current 127 offices.

William S Pinckney, managing director and chief executive, Amway India, said, “We are targeting a turnover of Rs 25 billion by 2012, for which we have to achieve a year-on-year growth of 25 percent every year. We are also looking at expansion and will increase our offices in India to 300 in the next five years from current 127 mark.”

Amway sells 109 products across four segments – home care, personal care, nutrition and wellness category.

—IndiaRetailing Bureau

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