Close Menu
    What's Hot

    High Court Rules: Insurance Nominee Is Not the Owner of Policy Money

    May 8, 2025

    Bank of Baroda Cuts Home Loan Rates for Loans Above ₹15 Lakh: Here’s What You Need to Know

    May 8, 2025

    Mutual Funds’ Cash Reserves Hit 15-Year High: What It Means for Investors

    May 2, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Finance KhabarFinance Khabar
    • Home
    • Fixed Deposit
    • Personal Loan
    • Home Loan
    • Mutual Fund
    • Insurance
    • Credit Card
    • Equities
    • M&A
    • Start Ups
    • Banks
    • Others
      • P R
    Finance KhabarFinance Khabar
    Home»Press Release»Amway Invests $4M in Four Research & Development Labs Across India
    Press Release

    Amway Invests $4M in Four Research & Development Labs Across India

    Finance KhabarBy Finance KhabarSeptember 9, 2024No Comments4 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Amway
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Lucknow, 09th September: Advancing its focus on strengthening scientific capabilities to provide cutting-edge, next-generation support in health and wellbeing, Amway, a global company, today formally introduced its four state-of-the-art Research & Development (R&D) labs across India with an investment of $4 million. 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. 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 wellbeing and fostering a healthier future for all.

    Amway’s four state-of-the-art R&D labs in Gurugram, Chennai, Bengaluru, and Dindigul collectively total 24,700 square feet, creating a powerhouse of scientific discovery and breakthrough product development.

    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. This investment accelerates Amway India’s product development capabilities and positions Amway to better serve the unique and evolving needs of its consumers and businesses in India and around the world. 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.”

    “For over a quarter-century, Amway India has earned the trust of people by helping them lead a healthy way of life. Our commitment to a healthier nation envisions empowering our distributors to help transform the lives of millions of Indians by prioritizing healthspan over lifespan. As we continue to drive innovation to offer need-based recommendations, we’ve found that the most crucial element in your health and wellbeing journey is a strong gut that is also linked to improved mental health and immunity. 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. This strategic investment strengthens our confidence in achieving our goals while solidifying our position at the forefront of the health and wellbeing industry,”

    Mr. Chopra concluded.  Introducing the R&D labs in India, Dr 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.  Importantly, it aligns with our global multi-year growth vision of consistently providing recommendations for overall wellbeing tailored to the evolving needs of various age groups.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 and significant contributor to overall wellbeing. 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. We’re 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 for other global markets. Aligned with our vision of helping people live better, healthier lives, I believe this move will raise the bar of innovation, keeping science and technology at the forefront, thus showcasing our commitment to make Amway future-ready through aspirational, trendsetting products and solutions.”

    Amway is focused on delivering innovative, plant-forward formulations to meet modern nutrition, health and wellbeing needs around 4 key areas, namely – Healthy Weight, Healthy Beauty, Fitness and Healthy Ageing, emphasizing clean labels and sustainability. A team of expert researchers across various scientific disciplines will expedite the development of differentiated solutions. These contemporary R&D labs are equipped with advanced technology and instrumentation, botanical-driven innovation, the latest packaging technology, and more to ensure Amway’s benchmark quality and safety standards.

    The investment in the R&D labs in India will cater to domestic and global requirements, further augmenting the company’s efforts around research, testing, and validation of innovative ideas, products, and technologies. These labs are equipped to develop product solutions in Foods, Oral solids, Beauty and Personal care segments with premium botanical ingredients for nutrition and skin applications.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleGST Council to Discuss Insurance Tax Cuts and Online Gaming Taxes Today
    Next Article Western Digital® Empowers Users to Create and Store More with Easy-to-Use SanDisk® Mobile Pen Drives
    Finance Khabar

    Related Posts

    Airtel announces new plans to revolutionize International Roaming (IR) experience

    April 26, 2025

    Airtel announces new features in its continued fight against SPAM

    April 21, 2025

    Dabur Revives 16,800 KL Community Pond in Baddi; Moves Closer to Water Positivity

    April 16, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    High Court Rules: Insurance Nominee Is Not the Owner of Policy Money

    May 8, 2025

    Bank of Baroda Cuts Home Loan Rates for Loans Above ₹15 Lakh: Here’s What You Need to Know

    May 8, 2025

    Mutual Funds’ Cash Reserves Hit 15-Year High: What It Means for Investors

    May 2, 2025

    Subscribe to Updates

    Stay in the know with Finance Khabar! Never miss a beat when it comes to the latest in finance, investing, and personal finance tips.

    Thank you for choosing Finance Khabar as your go-to resource for all things finance. We're here to help you achieve financial success!

    Facebook X (Twitter) Instagram
    Popular Tags
    airtel amazon apple Bajaj Finserv bob china coronavirus EPFO facebook FICCI fitch forex FPI GDP gold GST HDFC hdfc bank home loan ICICI Bank Indigo infosys LIC Loan market cap maruti suzuki mukesh ambani nifty paytm Personal Loan PNB RBI reliance RIL SBI SEBI Sensex sensex nifty sitaraman stock market tata motors TCS telecom wipro Yes Bank
    Quick Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Term And Conditions
    Copyright © 2025 FINANCE KHABAR. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.