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Showing posts with the label Amway India to invest additional ₹100 crore to fund growth plans

Amway India to invest additional ₹100 crore to fund growth plans

Amway Highlights :  Amway India to invest additional ₹100 crore in 2 years to fund growth plans  The company is working on boosting it's supply chain and home delivery network Online orders grow from 33.6% in February to 70% in June 2020. D irect Selling FMCG firm, Amway India is looking to invest an additional ₹100 crore in the next two years to fuel it's future growth plans in the country. Sensing growth opportunities in online sales due to changing customer behaviour amid the covid-19 pandemic, the company is working on boosting it's supply chain and home delivery network to meet customer requirements. Amway has committed an investment of ₹1,000 crore in India, which includes an investment of ₹600 crore to the setup of its manufacturing facility in Nilakotai, Tamil Nadu. Online orders grow from 33.6% in February to 70% in June 2020. And they expect the online sales growth to remain consistent.  About Amway : Amway ( short for American Way ) is an American Mult...