India is our fastest growing market: Amway

India is currently the seventh largest market for Amway. In an interview with TOI, Amway Vice President Maud Pansing tells that India is currently the fastest growing market for Amway among the 80 countries it is present in.

They registered a 19% annual growth last year, making India the fastest growing market among the 80 countries they are present in. While China is the biggest market, growth rate for India is faster than china. Currently, they are working on a three years strategy for India as they see a lot of opportunity here. Their sales turnover was Rs.2130 crores in 2011 and this year they are targeting Rs.2500 crore worth of sales.

Amway is planning huge investments to enhance its market share in India. The company that is currently present in beauty, personal care and nutrition segments is also planning to introduce its durables category in India in the near future.