Amway India celebrates 20th anniv. in isles

Report by: 
ROOPA LALL
Port Blair
5 May 2018

Amway India celebrated its 20th anniversary in India on Saturday. The momentous occasion was also celebrated here in the city in the local branch office of Amway India Enterprise at Aberdeen Bazar. Mr Mohammed Jadwet congratulated the entire team of Amway India here for completing eleven successful years of operation in these islands.
Amway India is one of India’s leading Fast Moving Consumer Goods (FMCG) Company, which clocked Rs 1,800 crore in sales for 2017 with a compounded annual growth rate (CAGR) of 6%. In 2018, the company has set a target to achieve Rs 2,000 crore in sales with a CAGR of 7%. At present, nutrition and wellness segment accounted for 50% of sales with beauty, personal care and durables accounting for the balance. Amway India plans to open 25 more Xpress Pick and Pay (XPP) stores across India this year to improve its consumer outreach.