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Home > Business > Industry > Retail > FMCG > Amway invests $4 million in 4 R&D Labs in India

Amway invests $4 million in 4 R&D Labs in India

Amway’s four R&D labs in Gurugram, Chennai, Bengaluru, and Dindigul collectively spread over 24,700 square feet area.    

MarcaMoney
Last updated: September 12, 2024 1:41 AM
By MarcaMoney
Amway invests $4 million in 4 R&D Labs in India
Amway invests $4 million in 4 R&D Labs in India
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Amway, a global company, recently introduced its four state-of-the-art Research & Development (R&D) labs across India with an investment of $4 million.

Amway’s four R&D labs in Gurugram, Chennai, Bengaluru, and Dindigul collectively spread over 24,700 square feet area.

The company claimed that investment in the R&D labs in India will cater to domestic and global requirements. These labs are said to be equipped to develop product solutions in Foods, Oral solids, Beauty and Personal care segments.

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These labs are poised to redefine industry standards by developing safe, effective, differentiated, and high-quality health and wellbeing products to support people in India and worldwide.

“By harnessing advanced technology, contemporary science and thought leadership, these labs are poised to redefine industry standards by developing safe, effective, differentiated and high-quality health and wellbeing products with the aim to support people in India and around the world,” the company said in a statement.

“India is the location of one of the four Amway R&D hubs, worldwide. This strategic move is in line with Amway’s efforts to cater to the evolving needs of consumers empowering millions to achieve optimal well-being and fostering a healthier future for all,” the company statement said.

Talking about the investment from Amway India’s business perspective and describing the benefits to India, Rajneesh Chopra, Managing Director, Amway India, said, “There is a need for a transformative approach to nutrition and wellness in India, as the health landscape here faces significant challenges related to nutrition, lifestyle and gut health. India stands as one of our top priority markets globally and this investment underscores the confidence of Amway Global in the country’s expertise and potential to drive groundbreaking innovation in the health and wellbeing space.”

“The R&D labs will further support driving scientifically backed initiatives like ‘Morning Nutrition’ – a holistic campaign to support a healthy lifestyle that helps individuals start their day with optimal nutrition to maintain a healthier lifestyle. We are poised to foster a healthier future for all in line with the Government of India’s vision,” Chopra concluded.

Introducing the R&D labs in India, Shyam Ramakrishnan, Director, Innovation and Science, India and Southeast Asia, Amway said, “In response to the rising awareness around health, wellbeing and nutrition worldwide, this investment in state-of-the-art R&D labs is well positioned to meet the evolving consumer needs across global markets.”

“Having an innovation hub in India allows us to harness the incredible Indian talent pool and support the country’s ambition to be a meaningful contributor to overall well-being. For more than six decades, we, at Amway, have always prioritized a science-led approach to product development, consistently innovating for our distributors and their customers,” he added.

“We are leveraging top talent in India and around the globe to develop differentiated nutrition, food, and beauty products. These products are focused on India and Southeast Asia and possibly on other global markets,” he said.

TAGGED:AmwayAmway India

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