Amway

Amyway fixes on Tamil Nadu for a production plant in India

Investments made up to Rs. 450 Cr. till April 2015

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 .

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09
10
Sept 2015

Global Investors
meet
-2015

Venue:
Chennai Trade Centre, Chennai, Tamil Nadu, India
Event Registration

10 Reasons to Choose Tamil Nadu

  • An economic powerhouse on a high growth trajectory
  • A global industrial and manufacturing hub
  • Robust physical infrastructure
  • Renewable energy capital of India
  • Innovation and Knowledge hub of India
  • Robust urban and social infrastructure with world class civic amenities
  • Strong tourism footprint
  • Path breaking policy initiatives and investor facilitation framework
  • New paradigm for industrial growth
  • Vision 2023 for inclusive growth and Development