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India May Become Amway’s Third Largest Market in 10 Yrs
April 30, 2019
A top executive of Amway said that India may become the company’s third largest market in a decade on the back of a new omnichannel strategy for direct selling. At present, it is generating an annual revenue of 2.5 billion USD with India ranking at the 7th position below Korea, the US, Japan, Thailand, and Taiwan.
Amway Global COO Micheal J Cazer said that India is one of the major markets of the company but there is still more potential for it to grow. He added that the nation may become the third largest market in a decade.
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