Amway Blog

India Gets Nutrilite Chocoblast

Amway India, direct selling FMCG company, has launched a balanced nutritional drink for children - Nutrilite Chocoblast. The company is hoping to make a dent in the Rs 1200 crore milkfood drinks segment with this product.

Indiantelevision.com's Kidology: Amway launches kid's nutritional drink 'Nutrilite Chocoblast'

Amway to begin recruiting and training in China within the month

China View:

Amway (China) Co Ltd will begin to recruit direct-salespeople and start training this month. The US-based firm received its license in December and was among the latest batch of companies approved by the Ministry of Commerce to conduct door-to-door sales on the mainland.

    "China's reopening of direct sales is fantastic news for us," said Audie Wong, president of Amway (China) Co Ltd.

    "The company is preparing training programs to make sure our prospective salespeople follow the new regulations."

    Amway said direct sales will make up a major part of its revenue, but it still plans to expand its network of stores across the country. The nutritional products and cosmetics maker runs 188 outlets across China.

    Wong, however, declined to disclose the target number of its direct salespeople, nor would he offer a sales forecast for this year.

    Amway has been joined by other overseas-funded direct-sales companies anxious to penetrate the market.

Amway India Sales

The Hindu:

Amway India, the country's leading direct selling company, has pegged its revenues at Rs 738 crore in 2005-06, as compared to Rs 633 crore in the previous year, officials said.

"This represents a robust 17 per cent growth and we believe that the Rs 1,000 crore milestone is just around the corner," Sanker Parmeswaran, Director (corporation and legal affairs) Amway, told reporters here.

Parmeswaran attributed the growth to the top-class quality of Amway's products as well as the consumers' confidence in the brand.

Amway India, Associate Vice President, Sandip Mishra said that the business is driven by 45,000 active distributors providing them an income earning opportunity.

"The company contributed more than Rs 175 crore to the Government exchequer in 2006, by way of direct and indirect taxes and duties," Mishra said.