MLM News

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.