Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 14 2017

Amway India plans to earn over Rs 5000 crore turnover by 2025

Jharkhand has emerged as a key market for Amway in eastern India and there is a high level of interest and appreciation of Amway products in the state, which has encouraged us to open an Express Pick & Pay store at Jamshedpur, he said.

Country's direct selling FMCG Company, Amway India has launched its Express Pick and Pay store in Jamshedpur, its first such store in Jharkhand, and said it has plans to launch eighteen more Express Pick & Pay store across the country over a period of one year.

G S Cheema, Senior Vice President, North & East, Amway India, said to PTI, the company has plans to open 50 such stores across the country by 2018 and have already launched 32 stores including one in Jamshedpur.

This was the fourth Express Pick and Pay store in eastern India and the first in Jharkhand, Cheema said adding that more stores would be launched in the state soon.

Jharkhand has emerged as a key market for Amway in eastern India and there is a high level of interest and appreciation of Amway products in the state, which has encouraged us to open an Express Pick & Pay store at Jamshedpur, he said.

He also said that the company's target is to achieve over Rs 5000 crore turnover by 2025.

As a part of Make in India campaign launched by the government, Cheema said, the company has set up a manufacturing plant with an investment Rs 550 crore and is manufacturing products ranging from nutrition, beauty, personal care and home care. Asked about the capacity of the plant, he said it was more than adequate to cater the meet the demand of the country and did not rule out the possibility of exporting in future.

Comment
image
Related opportunities
  • Online Food Ordering Services
    About Us: We are the FOOD DELIVERY OUTLET (cloud kitchen) with..
    Locations looking for expansion Gujarat
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Travel Agents
    About Us: Travaha is a leading B2B travel portal that is..
    Locations looking for expansion Karnataka
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Quick Service Restaurants
    About Us: Established in 2012, formed in the trend setting street..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Food Service
    About Us: Utopia Food Labs has 6 premium brands under its..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater BENGALURU Karnataka
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities