Direct selling major Amway will complete 25 years of operations in India in the next two years, and believes it can scale up its business in the country by ten times its current potential. Global CEO Milind Pant said, "We are very excited about the potential of India. It is...
Supplement Sales Skyrocket in India
India leads the Asia Pacific market with the highest number of new food, drink and supplement launches with immune system-boosting claims since the pandemic began. While all supplements sales have gone up, emerging ingredients include postbiotics and parabiotics. Devendra Chawla, CEO of Spencer’s Retail and Nature’s Basket told the Times...
Amway India to Focus on Digital Growth
Ada Township, Michigan-based Amway envisages a higher contribution of online sales to its business mix in India as it looks to invest and consolidate its presence in the country. "The consumer preference is going online. We have got 35 percent of our sales from our captive website. We have to...
India to Be Among Top Three Markets by 2025 for Amway
Currently at seventh position globally, Michigan-based Amway said that India can become one of its top 3 markets by 2025 with almost a billion dollars in revenue. The company aims to reach $1 billion, in the next 7 years riding on the sales of its nutrition, personal care, and beauty...
Amway India to Enhance Online Sales
Direct selling firm Amway India plans to strengthen its digital infrastructure to benefit from India's fast-growing e-commerce sales. Amway India CEO Anshu Budhraja said that in the next five years, the company will invest up to five million, which will be used to ensure that the company's "website stays relevant,...
Amway Launches Products with India's Traditional Herbs
With the launch of its Nutrilite Traditional Herbs Range, Amway India entered the Ayurvedic products space in the country. Ajay Khanna, category head - Nutrition and Wellness, Amway India, said the team worked on the product for close to a decade. The company partnered with local farmers to identify herbs...