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Amway inaugurated its latest manufacturing facility in South Tamil Nadu at an outlay of ₹ 550 crore.
According to a press release from the company, the Chief Minister J Jayalalithaa formally inaugurated the factory in Dindigul District over a video conferencing facility from the Secretariat here.
Anshu Budhraja, CEO, Amway India, said in the release, the plant will provide direct employment to more than 400 people.
The Indian subsidiary of the US-based multinational, direct selling company will provide direct and indirect employment to more than 3000 people in India.
It provides income-generating opportunity to over 550,000 active independent Amway Business owners (ABOs) or distributors.
The manufacturing facility can handle a turnover of ₹ 6500 crore and enable it to launch India-specific products. All the products sold by Amway in the domestic market will now be made in India.
It will launch more than 10 new products in 2016 and high quality cookware in early 2017, the release said. The new facility consists of nine production lines for nutrition, cosmetics and oral care products including.
The plant will have an annual capacity to manufacture 1.2 billion tablets and soft gels, seven million canisters of drink mixes, 19 million cosmetic jars, bottles and tubes and 60 million tooth pastes.
This is Amway’s third manufacturing plant located outside of USA. The other plants are located in China and Vietnam. Amway has spent more than 30 per cent of the $ 335 million in India allocated for global expansion.
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