Amway to invest Rs 400 crore to set up manufacturing facility

Amway to invest Rs 400 crore to set up manufacturing facility

Direct selling FMCG company Amway India today said it will set up a manufacturing facility in India at an investment of Rs 400 crore to produce nutrition and beauty brands.
   
"We will set up a manufacturing facility at an investment of Rs 400 crore. The plant will initially produce nutrition and beauty brands. Later it can be expanded to make other products," Amway India MD and CEO William S Pinckney told reporters today.
   
He, however, did not specify where the facility would be set up though the plant could be operational in the next two to three years.