Odisha News Lens - English 4.2

Top Menu

  • About
  • Contact

Main Menu

  • Home
  • ODISHA
  • NATIONAL / INTERNATIONAL
  • CRIME
  • SPORTS
  • ENTERTAINMENT
  • BUSINESS
  • POLITICS
ଓଡ଼ିଆରେ ପଢନ୍ତ (ver 4.1) Monday, July 14, 2025, Login
  • About
  • Contact

logo

Header Banner

Odisha News Lens - English 4.2

  • ODISHA
  • NATIONAL / INTERNATIONAL
  • CRIME
  • SPORTS
  • ENTERTAINMENT
  • ଅନ୍ୟାନ୍ୟ
    • BUSINESS
    • POLITICS
  • President Draupadi Murmu Met Soumyashri At AIIMS

  • Suspended principal of Fakir Mohan College arrested

  • Odisha Self-immolation & Sexual Harassment Case: Congress demands Odisha CM’s resignation, ...

  • Heavy to extremely heavy rainfall predicted in Odisha; double low pressure alert issued

  • Man critically injured after falling from second floor of Bhima Bhoi Medical College in Balangir

  • Two youths killed after motorcycle crashes into temple gate in Ganjam

  • Condition of FM College burn victim student still critical; next 72 hours crucial

  • BJD protests in Balasore demanding justice for Soumyasri Bisi in harassment case

  • Woman set ablaze by in-laws over dowry demand in Ganjam

  • Odisha boys settle with rummers up title in the Junior National Rugby   

BUSINESS
Home ›› BUSINESS ››Amway bets big on India to drive global growth, says Milind Pant, Global CEO, Amway

Amway bets big on India to drive global growth, says Milind Pant, Global CEO, Amway

2021-12-22 16:20:29
10735
Share:
Facebook
Twitter
E-Mail
WhatsApp
Telegram
Amway bets big on India to drive global growth, says Milind Pant, Global CEO, Amway

-    Amway’s multi-year strategy gives impetus to global growth-focused on health, wellness, and entrepreneurship

-    Aims to unleash entrepreneurial opportunity for millionsof Indians

-    Announces global investment of over USD 300 million through 2024 to boost innovation &science, digital technology, and entrepreneurship


Bhubaneswar : The world’s number one direct selling company,Amway, has continued its growth trajectory in India powered by its nutritionand wellness portfolio along withits thriving community of entrepreneurs. The company is now set for the next-level transformation, further building on the growth strategy charted out by global CEO Milind Pant. Aligned with the focus on unleashing entrepreneurship and creating long term value in the health and wellness category, Amway has earmarked a global investment of over USD 300 million through 2024 to boost innovation and science, digital technology, and entrepreneurship.


Among the 100 plus markets that Amway operates in, India is one of the key growth markets. Further,India is among the top three preferred investment destinations for Amway with a focus on digital, manufacturing automation, innovation, and nutrition segment. Known for its quality health and wellness products and unparalleled business opportunities, Amway has established a strong foothold in India over the last two decades of its operations in the market.The leading entrepreneur-led health and wellness had announced an investment of over $20 million (INR 170 crores) to boost research and development, manufacturing automation, innovation & science and strengthen digital capabilities in India.


Amway Global CEO, Milind Pant said, “Amway’s global growth trajectory is focused on health and wellness and entrepreneurship. Today, entrepreneurship is being democratized like never before. And, at Amway, as an entrepreneur-led social idea, our vision is to unleash the next generation of entrepreneurs with our all-inclusive business opportunity, making it 10x easier for them to acquire and retain a community of engaged consumers. With unprecedented changes in the employment landscape and the rise of the passion economy, entrepreneurship is becoming one of the preferred choices, especially for women and the youth. Amway has been capitalizing on this growing trend by creating a robust ecosystem, providing avenues forthose aspiring entrepreneurs to own and operate their business based on interests and passion they follow, irrespective of the background, education, or financial circumstances. Amway is for everyone! We have made significant strides towards driving entrepreneurship, especially among women and young millennials, through various initiatives like Nari Shakti and AmYoung to help them power their passion and create successful business ventures, thereby turning them into Passionpreneurs”. 


A recent report by McKinsey stated India will be required to create 150 million jobs by 2030 to fast-track growth and meet expectation of the aspiring workforce. This clearly is an opportunity for an entrepreneur-led company like Amway which has immense potential to generate self-employment opportunities. Currently, with more than 550,000 direct sellers and retailers, Amway is poised to make a formidable impact bycreating alternative employment opportunities, and thus contribute towards the economic and entrepreneurial progress of India.


“Alongside, with the rising health-conscious consumers around the world owing to the heightened awareness for health and wellness, the market is growing significantly. Being themarket leader in the nutrition category, Amway has been at the forefront, aggressively innovating and indigenously developing health and wellness product solutions to meet the ever-evolving consumers’ needs. We have also witnessed a startling shift in consumer behavior in India. A recent consumer survey indicated that 85% of Indians are making a positive change to improve their current health status which clearly underlines the tremendous market potential for the nutrition category in the country.India is one of the potential markets to drive work in digital innovation and research to meet Amway’s global business needs. Aligned with this, our India team is relentlessly working on products and experiences while focusing on simplifying nutrition with differentiated formats. Through this we are targeting the masses, especially the youth. Lastly, we are also strengthening scientific capabilities with digital innovation, research and development center, and nutrition labs in the country,”he added.


Asa global leader in the health and nutrition space,Amway is eyeing a global contribution of 65% from the nutrition categoryto drive business growth by 2024. Also, with the growing spirit of entrepreneurship in the country, Direct Selling today plays a significant role in fueling the rise of the gig economy and for Amway, this will be a key area of investment to build and offer a value proposition to these home entrepreneurs. The move to entrepreneurship is being further fueled by the rise in the passion economy, as people are increasingly turning their passions into businesses using social platforms and technology. 


As India’s burgeoning millennial population ushers in the era of creator economy and social commerce, Amway is empowering the new-age entrepreneurs with digital tools and mentorship programmes. With this, Amway aims to help them better engage with their community and turn their passions into prosperity. 


The global CEO of Amway, Milind Pant, took charge of the overall leadership of the company in 2019. As the first non-family CEO in Amway, Pant joined a select league of Indians to head large global firms. Under his leadership, Amway continues to build a disruptive enterprise that is customer-centric, agile, and future-oriented.He also serves as thevice-chair on the U.S-India Business Council Global Board of Directors.

Powered by Froala Editor

Tags Amway

Related articles Odisha News Lens - English 4.2

  • Odisha boys settle with rummers up title in the Junior National Rugby   
    SPORTS

    Odisha boys settle with rummers up title in the Junior National Rugby   

    9146
    Jul 13, 2025
  • Man critically injured after falling from second floor of Bhima Bhoi Medical College in Balangir
    ODISHA

    Man critically injured after falling from second floor of Bhima Bhoi Medical College in Balangir

    8380
    Jul 14, 2025
  • BJD protests in Balasore demanding justice for Soumyasri Bisi in harassment case
    POLITICS

    BJD protests in Balasore demanding justice for Soumyasri Bisi in harassment case

    9746
    Jul 14, 2025
  • Condition of FM College burn victim student still critical; next 72 hours crucial
    ODISHA

    Condition of FM College burn victim student still critical; next 72 hours crucial

    10843
    Jul 14, 2025
  • Two youths killed after motorcycle crashes into temple gate in Ganjam
    ODISHA

    Two youths killed after motorcycle crashes into temple gate in Ganjam

    11075
    Jul 14, 2025
  • Heavy to extremely heavy rainfall predicted in Odisha; double low pressure alert issued
    ODISHA

    Heavy to extremely heavy rainfall predicted in Odisha; double low pressure alert issued

    10055
    Jul 14, 2025
  • Suspended principal of Fakir Mohan College arrested
    ODISHA

    Suspended principal of Fakir Mohan College arrested

    8117
    Jul 14, 2025
  • Woman set ablaze by in-laws over dowry demand in Ganjam
    ODISHA

    Woman set ablaze by in-laws over dowry demand in Ganjam

    9513
    Jul 14, 2025
  • Odisha Self-immolation & Sexual Harassment Case: Congress demands Odisha CM’s resignation,  Judicial Probe
    POLITICS

    Odisha Self-immolation & Sexual Harassment Case: Congress demands Odisha CM’s resignation, Judicial Probe

    10459
    Jul 14, 2025

YOU MAY INTERESTED

  • SPORTS

    Odisha boys settle with rummers up title in the Junior National Rugby   

    9146
    Jul 13, 2025
  • ODISHA

    Woman set ablaze by in-laws over dowry demand in Ganjam

    9513
    Jul 14, 2025
  • ODISHA

    Two youths killed after motorcycle crashes into temple gate in Ganjam

    11075
    Jul 14, 2025

Advertisement

POLITICS

Odisha Self-immolation & Sexual Harassment Case: Congress demands Odisha CM’s resignation, Judicial Probe

NEW DELHI, July 14: The All India Mahila Congress today demanded the resignation of Odisha Chief Minister Mohan Majhi over the failure of his government to provide justice to a college girl who tried to self-immolate herself following sexual harassment by one of ...

  • BJD protests in Balasore demanding justice for Soumyasri Bisi in harassment case

    9746
    Jul 14, 2025
  • Sunita Biswal joins Congress ahead of Rahul Gandhi’s Odisha visit, quits BJD

    9239
    Jul 10, 2025
  • Congress prepares for ‘Samvidhan Bachao Rally’ in Bhubaneswar amid drivers’ strike concerns

    9999
    Jul 10, 2025
  • Jagannath Pradhan Walks Out Of Jail After Getting Bail

    11078
    Jul 09, 2025

BUSINESS

  • Aditya Aluminium, Lapanga Felicitates Meritorious Students Under ‘Pratibha Samman’ Initiative

    8306
    Jul 09, 2025
  • Aashirvaad Salt ‘Iodine Ka Tilak’ Rath Yatra Campaign Goes On Wheels

    10869
    Jul 04, 2025
  • Aashirvaad Leads Devotees on a ‘Bhakti Pathe’ at Puri Rath Yatra

    8659
    Jul 01, 2025
  • Sunfeast Marie Light Brings a Cooling ‘Surjya Bardaan’ To Devotees At Rath Yatra 2025

    9384
    Jun 28, 2025
  • Vasmol Launches Henna Crème Hair Colour with a Heartfelt Tribute to Rath Yatra

    8419
    Jun 25, 2025

ENTERTAINMENT

'Pushpa 2' The Rule will release on December 5

'Puspa 2 The Rule' will be released soon on the big screen. South superstar Allu Arjun's film Pushpa 2 is ...

  • Salman Khan Received Death Threat Again

    9694
    Nov 08, 2024
  • Shahrukh Khan Recieves Death Threats

    10170
    Nov 07, 2024
  • Odia film 'Delivery Boy' set for prestigious Cannes World Film Festival screening

    9598
    May 09, 2024
  • Actress Ileana Shows Glimpse Of Her Son

    9594
    Sep 24, 2023

SOCIAL NETWORKING

  • 67944
    Followers
  • 227640
    Likes
  • 54300
    Subscribers

Subscribe to our Newsletter

Sign up to receive email updates and to hear what's going on with our magazine!

logo

Nowadays, people don’t have sufficient time to read the printed newspaper which covers yesterday’s happening in general, so they are keen always to follow web portals or Electronic Media for getting the latest news.

As the world is getting towards digitization it is important that every business, every industry must move online. Online News portal plays a key role in educating and informing people with the latest updates, current happenings around the world.

  • HOT NEWS

  • Two youths killed after motorcycle crashes into temple gate in Ganjam

    11075
    Jul 14, 2025
  • President Draupadi Murmu Met Soumyashri At AIIMS

    9204
    Jul 14, 2025
  • BJD protests in Balasore demanding justice for Soumyasri Bisi in harassment case

    9746
    Jul 14, 2025

Reach Us

  • Bhubaneswar, Odisha, India
  • 0 00000 000 00
  • odishanewslens@gmail.com
  • www.odishanewslens.com/english

Follow us

  • Home
  • Contact Us
  • About Us
© Copyright Odisha News Lens - English 4.2. All rights reserved. in association with Konect.In