Vision 2023 document released by Government of Tamil Nadu provides a path for industry. It aligns all government departments and agencies to work in tandem with the industry and this effort has made Amway interested in the state.
Anshu Budhraja Managing Director and CEO Amway India Enterprises PVT,Ltd.
An MOU was signed between Amway India Enterprises Private Limited and Government of Tamil Nadu for setting up of a state of the art manufacturing plant at Nilakottai, Madurai in Tamil Nadu at an investment of Rs, 300 cores, at the MOU signing ceremony in Chennai on November 5th 2012.
Amway has increased their investment in the plant from Rs. 300 Crores to Rs. 500 Crores and projects are under full swing, with Amway already having invested Rs. 450 Crores as of 30th April, 2015.
This is the only investment for Amway in Tamil Nadu outside US and Vietnam and they have been largely successful due to the good partnership with the Government of Tamil Nadu including the Ministry of Industries, Guidance Bureau, SIPCOT and the other stakeholders .Watch video
10 Reasons to Choose Tamil Nadu