Amway India’s business volume has been flat over the last two years owing to a dearth of regulations for the direct selling business industry in India. The company is trying to dispel the government’s misconception that its sales are based on a ‘pyramid’ model, reports the Times of India. Samir...
India’s Direct Selling Industry to Exceed $10 Billion by 2025
According to a report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the audit, tax and advisory firm, KPMG, direct selling in India will go beyond the $10 billion mark by the year 2025. According to the report, the industry has recorded 16 percent growth over...
India Grows as Global R&D Hub for Multinationals
The Nikkei Asian Review reports that numerous multinationals have chosen India as an attractive R&D destination. More recently, taking advantage of employment costs, as well the availability of technical skills, many companies across a variety of industry verticals have begun to set up their R&D centers or have enhanced their...
Amway to Make India a Hub for Neighboring Countries
Amway is setting up a $96 million (600 Crores) unit in the southern state of Tamil Nadu, and it is also looking for further expansion by way of an additional plant in India, reports The Times of India. Amway’s managing director and CEO William S. Pinckney said, "We are looking...
Scrappy Cavin Kare battles Unilever and Procter & Gamble with innovation and nimbleness
Chennai, India based CK Ranganathan and the company he founded, Cavin Kare, became noticed first with the success of Chik shampoo in single-use sachets that cost half a rupee. Even today most shampoo sales in India are units sold at about 2 cents a piece. As this feature story, shows...
The Body Shop to reach 100 stores in India
Body Shop expands in India! The company said it is stepping up its visibility in India through its new store format named “Pulse.” Additionally, as part of its India strategy, it is also looking to launch its India-specific coconut hair oil product by the last quarter of the calendar year....