Press Trust of India / New Delhi Apr 09, 2010, 22:14 IST
Direct selling firm Amway today said it has increased capacity at its vendor manufacturing facility by adding four new lines to cater for demand in the mid-term future.
"This facility has four new lines, each with more automation to ensure higher quality. These new lines should take care of the mid-term demand for Amway products," Amway India Chief Executive Officer and Managing Director Bill Pinckney said.
He said 2009 proved to be a significant year for Amway as business momentum of India was maintained.
Amway does not have a manufacturing facility in India and most of its products are manufactured through third party contract manufacturers located in Baddi.
The company is operating in India for the past 10 years and it now ranks among the top FMCG firms in the country, Amway said.
"We had great 10 years in the Indian market and in terms of turnover, are currently in the same neighbourhood of companies that have been around for much longer," he said.
Amway has reported a turnover of Rs 1,407 crore in 2009, a growth of 25 per cent compared to the previous year.
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