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Amway India eyes over Rs 1,000 cr turnover

Agencies

Posted: 2008-11-28 15:53:06+05:30 IST
Updated: Nov 28, 2008 at 1553 hrs IST

Kochi: Amway India is all set to cross the projected Rs 1,000 crore turnover for this fiscal year ending December 2008, a top company official said in Kochi on Friday.

This would mark a 40 per cent growth over the previous fiscal year when Amway recorded the Rs 800 crore turnover, Amway India Vice President (South) Anshu Budhraja said in Kochi.

"We have set ourselves a target of achieving a turnover of Rs 2500 crore by year 2012", he said.

This year has been extremely buoyant for Amway, he said, adding that constant innovation, adaptation to market needs and efficient customer services has led to this kind of growth The year also saw significant changes in the Amway business model and launch of XL Energy drink and Energy bars, he said.

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