What does the word Amway mean? Amway is an abbreviation for "American Way" and was coined in 1959 by company founders, Jay Van Andel and Richard DeVos. Short, unique and easy to remember, Amway has been registered as a corporate name and trademark ever since.
Today, Amway is a multibillion-dollar international business representing freedom and opportunity to millions of people in more than 88 countries and territories around the world. Amway generates US $ 9.2 billion (January - December '09) in sales at estimated retail through this global product distribution network. We offer over 3 million Business Owners the inspiration to grow those businesses, and we work hard to provide new and better ways for them to achieve their life goals.
Amway India, a wholly owned subsidiary of Amway Corporation, was established in August 1995 after approval by India's Foreign Investment Promotion Board (FIPB). Amway India commenced commercial operations on May 5, 1998. The company’s goals were beyond creating a business opportunity for people. The focus was also on the introduction of new products and services that would be beneficial to both Independent Business Owners and consumers.
“Amway India, the direct selling FMCG Company has invested more than Rs 151 Crores in India, has 130 offices and 55 city warehouses across the country. Currently offers more than 115 products in five categories of personal care, home care, nutrition & wellness, cosmetics and gift catalogue. Even though the company does not have its own production facility, it manufactures almost 97% of the Amway products within the country through 7 third party contract manufacturers”. All its products are covered by 100% Money Back Guarantee. Amway sources all its products from within India, thereby providing stimulus to the local manufacturing industry.
NATIONAL PRESENCE
In ten years of commercial operation, Amway India has established a nation-wide presence in over 125 offices and 55 city warehouses and four regional mother warehouses. The distribution and home delivery network set up with the support of independent logistics partners is spread across over 3,000 locations.
MEMBER - IDSA (Indian Direct Selling Association)
Amway India Enterprises Pvt Ltd is a member of the India Direct Selling Association. The Indian Direct Selling Association is an association of companies engaged in the business of direct selling in India. Its members are of high national and international repute having set standards in delivering quality goods and in following ethical business practices.
