Amway planning to open 50 retail stores

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Amway planning to open 50 retail stores

Amaway India plans to setup 50 retail stores in India by 2018 to expand their Direct sales business.Amway India invested in India more than 1000 crore Aand plan to invest more in Indian market

Direct sales, however, will continue to remain the primary mode of operations in thecountry, which has emerged as a top­10 global market for the Michigan­based company’s
Nutrilite dietary supplement and Artistry skin products. Amway’s sales in India in thecalendar year 2016 touched Rs 1,700 crore.

Amway already has 32 ‘express pick & pay’ stores so far in the country, which the company believes could lead its global growth drive.

The direct selling industry could touch Rs 64,500 crore by 2025, up from the current Rs
8,000 crore, according to a forecast by Ficci­KPMG

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