Expect India to be among our top 3 global markets in 5 yrs: Amway India MD

Direct selling major Amway expects India to be among its top three global markets in the next five years, the company's country Managing Director Rajneesh Chopra said on Monday.

The company, which has invested USD 4 million (around Rs 35 crore) to set up four new research and development centres in India, is also looking to develop products to cater to Southeast Asian countries.

Amway has globally started looking at the overall landscape and the lens of business in a very different way. Instead of setting financial goals only, it is moving to transformation of lives, Chopra told PTI.

"We have five and a half lakh active distributors on our base right now. We have more than 2 million customers. Our goal is that 2 million moves up to 5 million over the course of the next five years," he said when asked how the company is looking ahead in India.

He further said, "We aspire that India becomes one of the top three (markets for Amway globally). We have some more work to do from that ...