Amway India Enterprises on Sunday (November 30) announced that it was confident that its turnover would reach Rs.25 billion by 2012 from the present Rs.10 billion. Amway India is a wholly-owned subsidiary of the $7.2-billion Amway Corp of the US. The Company is also looking at expansion and will increase offices in India from the present 127 to 300 in the next five years.

Amway India managing director and chief executive William S. Pinckney told reporters that they were targeting a turnover of Rs.25 billion by 2012 and for which the company has to achieve a year-on-year growth of 25 percent every year. Eastern India contributes around 22 percent of the total sales of the company.

On being asked whether the global economic downturn would impact the product selling, Pinckney said that he did not see it the operations because even if there was a downturn, people would still need toothpaste or a detergent. 

Amway sells 109 products In India. The products are categorized into four segments - home care, personal care, nutrition and wellness category and cosmetics category.