Amway to Spend 4 Million Dollars on Four R and D Labs in India
Amway will spend 4 million dollars to build four research and development labs in India.
The labs, totaling more than 24,000 square feet, will be located in Gurugram, Chennai, Bengaluru and Dindigul and will focus on foods, oral solids, and beauty and personal care products for both domestic and global requirements.
"This investment accelerates Amway India's product development capabilities," said Rajneesh Chopra, managing director of Amway India. "India stands as one of our top priority markets globally."
Amway Chief Executive Milind Pant had said in 2023 that the company's investment plan for India was "very bullish."
Amway sells nutrition, beauty and home products through independent business owners worldwide.
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