Amway to open around 170 outlets in India within 5 yrs

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AHMEDABAD: US-based FMCG firm Amway has plans to open around 170 outlets across the country in next five years, a top company official said here today.

"We plan to take the number of outlets in India to 300 in next five years against 130 at present," Managing Director, Amway, William S Pinckney said, while inaugurating company's second brand assessment centre in Gujarat here.

"This is the second brand assessment centre of the company in Gujarat after Rajkot, where customers can visit to experience the product range," he said.

The company sales in Gujarat grew by 20 per cent last year and was up almost by 50 per cent in first two months this year, he said.

The company's India turnover during 2009 stood at Rs 1,407 crore. Clocking a double digit growth in the past few years, the company has set a turnover target of Rs 2,500 crore for 2012.