Direct-selling consumer goods firm Amway
inaugurated its first manufacturing facility in India located
in Tamil Nadu, which entailed an investment of Rs 550 crore.
State chief minister J Jayalalithaa inaugurated the facility at Nilakkottai near Madurai, through video conference from her office here. All products sold by Amway in India will now be made in the country. Spread over 50 acres, the plant will employ around 500 people directly and 1,000 indirectly.
State chief minister J Jayalalithaa inaugurated the facility at Nilakkottai near Madurai, through video conference from her office here. All products sold by Amway in India will now be made in the country. Spread over 50 acres, the plant will employ around 500 people directly and 1,000 indirectly.
This will be Amway’s first manufacturing facility
in the country and the third located outside the US. The other plants
are in China and Vietnam
After the launch, Amway India will provide
direct and indirect employment to around 3,000 people in the country.
Currently, the company says it provides income-generating opportunity to
550,000 active independent Amway business owners or distributors.
The
facility will enable Amway to explore launching India- specific
products, said the company. The investment and the plant’s size
increases the company’s ability to source locally.
Amway is planning to
expand its product base and launch 10 new products in the country in
2016
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