MLM Junction

The Central Terminus For News And Information About The MLM And Network Marketing Industries

Thursday, December 08, 2005

MLM Amway In India

Amway India, the country?s leading direct marketing company, has set a growth target of over 10 per cent for 2005-06 fiscal (September 1-August 31). Its turnover has gone up to Rs 633 crore in 04-05 from Rs 91 crore in 1998-99.

Over a period of next 12 months, Amway India, a wholly-owned subsidiary of the $6.4 billion Alticor Inc, one of the largest direct selling companies in the world, will launch 14 new products. Most of them will be in the nutrition & wellness and cosmetics categories. It will launch shortly a weight management product, existing in many other countries.