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

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

2024-09-09 11:31:52
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Amway Invests $4M in Four Research & Development Labs Across India

Bhubaneswar : 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[1]. 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.

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