Foreign visitors can now use UPI in India as NPCI rolls out ‘UPI One World’ wallet at AI Impact Summit 2026

Closing Bell: Sensex up 650 pts, Nifty at 25,680 – What drove stock market rebound? Anil Singhvi explains

Explained: Weak Q3, falling deliveries, and brokerage downgrades — why Ola Electric shares are crashing

India AI Impact Summit 2026: PM Modi to meet President Macron, set for key talks in Mumbai

WPI inflation hits nine-month high at 1.81% in January as metal, food prices rise

Smallcap stock soars 20%! Tradeswift's Sandeep Jain has fundamental 'buy' call—Here's why 

Torrent Pharma hits record high after Q3 results; Should investors buy or wait?

Nifty IT slumps 17% in a month: Is AI a threat to IT stocks or a fresh buying opportunity? Experts explain

Stock to sell: Trouble for Groww parent? JM Financial sees up to 13.5% downside in Billionbrains Garage Ventures

Infosys share price crashes over 20% in a month; is AI the biggest threat to IT stocks?

US-based direct selling major Amway Inc expects India to be a huge growth driver for the company and play a role in its global supply chain through innovative herbal products, a top company official said Friday.
The company also aims a sustained double-digit growth in the next five years in India, a market which it is expecting to break into its top-five global markets in the mid to long term.
"Of course we do. The size and the scope and the breadth of the Indian market, we see it as a huge growth driver for us globally," Amway Inc Co-Chairman Douglas L DeVos told PTI here in an interview.
He was responding to a query on whether Amway believes that India can be among its top-five global markets. Currently, the country is ranked seventh after China, US, South Korea, Japan, Thailand and Taiwan.
Amway has already set a target of USD 1 billion sales in India by 2025. In 2017-18, the direct selling firm had sales of Rs 1,800 crore and expects to touch Rs 2,000 crore in 2018-19.
Commenting on the company's ambitions in India, DeVos said: "We have grown at a rate of 7 per cent now, so we are going to have double digits in the near future. We believe that is the pace we can maintain certainly for the next five years and hopefully even accelerate."
The growth will be driven by the company's existing products besides new introductions such as the locally developed herbal range.
He said some of the markets like Thailand and Malaysia have already expressed interest in the herbal products from India.
"Indonesia and markets in South East Asian region would be very interested in products like these. We see India having a role in global suply chain, not just India for India but for other markets as well," DeVos.
Watch Zee Business Tweet video here:
<blockquote data-lang="en"><a href="https://twitter.com/hashtag/LIVE?src=hash&amp;ref_src=twsrc%5Etfw">#LIVE</a> | बाजार के हर कन्फ्यूजन का सॉल्यूशन जानिए <a href="https://twitter.com/hashtag/FinalTrade?src=hash&amp;ref_src=twsrc%5Etfw">#FinalTrade</a> में <a href="https://twitter.com/AnilSinghviZEE?ref_src=twsrc%5Etfw">@AnilSinghviZEE</a> और बाजार के दिग्गजों के साथ। <a href="https://t.co/GzIYgmQM4v">https://t.co/GzIYgmQM4v</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1096325721562083329?ref_src=twsrc%5Etfw">February 15, 2019</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Last year, Amway India made a foray into herbal skincare products, positioning a dominant number of items under its Attitude range.
Elaborating on growing expectations from India, he said: "We made investment in manufacturing here and at that time, it may have been more India for India but I think as we talk about the innovation side, like the (herbal) products, we are trying to use the resources that we have as a global company."
Also, he said Amway could look at replicating what it did in the US with the Nutrilite brand for producing natural plant-based health supplements through organic farming.
"...That idea can be applied here in India, and apply potentially in China (too)," DeVos said adding that even ideas from India could go back to the US.

US-based direct selling major Amway Inc expects India to be a huge growth driver for the company and play a role in its global supply chain through innovative herbal products, a top company official said Friday.The company also aims a sustained double-digit growth in the next five years in India, a market which it is expecting to break into its top-five global markets in the mid to long term."Of course we do. The size and the scope and the breadth of the Indian market, we see it as a huge growth driver for us globally," Amway Inc Co-Chairman Douglas L DeVos told PTI here in an interview.He was responding to a query on whether Amway believes that India can be among its top-five global markets. Currently, the country is ranked seventh after China, US, South Korea, Japan, Thailand and Taiwan.Amway has already set a target of USD 1 billion sales in India by 2025. In 2017-18, the direct selling firm had sales of Rs 1,800 crore and expects to touch Rs 2,000 crore in 2018-19.Commenting on the company's ambitions in India, DeVos said: "We have grown at a rate of 7 per cent now, so we are going to have double digits in the near future. We believe that is the pace we can maintain certainly for the next five years and hopefully even accelerate."The growth will be driven by the company's existing products besides new introductions such as the locally developed herbal range.He said some of the markets like Thailand and Malaysia have already expressed interest in the herbal products from India."Indonesia and markets in South East Asian region would be very interested in products like these. We see India having a role in global suply chain, not just India for India but for other markets as well," DeVos.Watch Zee Business Tweet video here:#LIVE | बाजार के हर कन्फ्यूजन का सॉल्यूशन जानिए #FinalTrade में @AnilSinghviZEE और बाजार के दिग्गजों के साथ। https://t.co/GzIYgmQM4v— Zee Business (@ZeeBusiness) February 15, 2019Last year, Amway India made a foray into herbal skincare products, positioning a dominant number of items under its Attitude range.Elaborating on growing expectations from India, he said: "We made investment in manufacturing here and at that time, it may have been more India for India but I think as we talk about the innovation side, like the (herbal) products, we are trying to use the resources that we have as a global company."Also, he said Amway could look at replicating what it did in the US with the Nutrilite brand for producing natural plant-based health supplements through organic farming."...That idea can be applied here in India, and apply potentially in China (too)," DeVos said adding that even ideas from India could go back to the US.

"Of course we do. The size and the scope and the breadth of the Indian market, we see it as a huge growth driver for us globally," Amway Inc Co-Chairman Douglas L DeVos told PTI here in an interview.

Expect India to be huge growth driver: Amway

news-expect-india-to-be-huge-growth-driver-amway-86088

US-based direct selling major Amway Inc expects India to be a huge growth driver for the company and play a role in its global supply chain through innovative herbal products, a top company official said Friday. The company also aims a sustained double-digit growth in the next five years in India, a market which it is expecting to break into its top-five global markets in the mid to long term. Of course we do. The size and the scope and the breadth of the Indian market, we see it as a huge growth driver for us globally, Amway Inc Co-Chairman Douglas L DeVos told PTI here in an interview. He was responding to a query on whether Amway believes that India can be among its top-five global markets. Currently, the country is ranked seventh after China, US, South Korea, Japan, Thailand and Taiwan. Amway has already set a target of USD 1 billion sales in India by 2025. In 2017-18, the direct selling firm had sales of Rs 1,800 crore and expects to touch Rs 2,000 crore in 2018-19. Commenting on the companys ambitions in India, DeVos said: We have grown at a rate of 7 per cent now, so we are going to have double digits in the near future. We believe that is the pace we can maintain certainly for the next five years and hopefully even accelerate. The growth will be driven by the companys existing products besides new introductions such as the locally developed herbal range. He said some of the markets like Thailand and Malaysia have already expressed interest in the herbal products from India. Indonesia and markets in South East Asian region would be very interested in products like these. We see India having a role in global suply chain, not just India for India but for other markets as well, DeVos. Watch Zee Business Tweet video here: #LIVE | बाजार के हर कन्फ्यूजन का सॉल्यूशन जानिए #FinalTrade में @AnilSinghviZEE और बाजार के दिग्गजों के साथ। https://t.co/GzIYgmQM4v — Zee Business (@ZeeBusiness) February 15, 2019 Last year, Amway India made a foray into herbal skincare products, positioning a dominant number of items under its Attitude range. Elaborating on growing expectations from India, he said: We made investment in manufacturing here and at that time, it may have been more India for India but I think as we talk about the innovation side, like the (herbal) products, we are trying to use the resources that we have as a global company. Also, he said Amway could look at replicating what it did in the US with the Nutrilite brand for producing natural plant-based health supplements through organic farming. ...That idea can be applied here in India, and apply potentially in China (too), DeVos said adding that even ideas from India could go back to the US.

Of course we do. The size and the scope and the breadth of the Indian market, we see it as a huge growth driver for us globally, Amway Inc Co-Chairman Douglas L DeVos told PTI here in an interview.