Amway India Fact sheet-----------------2 CORPORATE CREDENTIALS Amway India is a wholly owned subsidiary of US $ 10.9 billion Amway Corporation, Ada, Michigan, USA. Amway Corporation is one of the largest Direct Selling companies in the world. It has a presence in 80 countries & territories. Established in 1995, Amway India commenced commercial operations in May 1998 and has emerged as the largest Direct Selling FMCG Company. The Company has its headquarters in the National Capital Region of India - New Delhi. Amway has invested in excess of Rs. 200 crore in India of this; Rs. 22 crore is in the form of direct foreign investment. Amway India has 500 full time employees and has generated indirect employment for 2000 persons at all the contract manufacturer locations. The Company has provided income-generating opportunities to over 550,000 active independent Amway Business Owners. Amway India provides free and unlimited training to all its distributors to help them grow their business. Amway India conducts over 20,000 training sessions during an average 12-month period with an attendance of over 1.5 million Amway Business Owners and prospects. Amway India recorded a sales turnover of over Rs. 2130 crore in 2011, up from Rs.1790 crores in 2010. Amway India is a member of the Confederation of Indian Industries (CII) and Federation of Indian Chambers of Commerce (FICCI). The World Blind Union presented an award and citation to Amway India in 2003, for its peerless work for the blind child.
Posted on: Tue, 15 Oct 2013 06:32:02 +0000
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