The Business Bytes
Bhubaneswar, September 9, 2024 (TBB Bureau):In a significant boost to its global research capabilities, Amway has announced a groundbreaking $4 million investment to establish four state-of-the-art Research & Development (R&D) laboratories across India. This strategic move underscores Amway’s commitment to advancing health and wellbeing solutions, aligning with its global vision of pioneering next-generation product development.
The newly inaugurated labs, located in Gurugram, Chennai, Bengaluru, and Dindigul, collectively span 24,700 square feet. They are set to become epicenters of scientific innovation, focusing on creating high-quality, differentiated products aimed at enhancing health and wellness for consumers both in India and globally. India is now home to one of Amway’s four premier R&D hubs worldwide, reflecting the country’s growing importance in Amway’s global strategy.
L-R_Rajneesh Chopra and Dr Shyam Ramakrishnan at the announcement of Amway’s R&D labs in India
Rajneesh Chopra, Managing Director of Amway India, highlighted the significance of this investment, stating, “India’s health landscape is evolving rapidly, and there is an urgent need for transformative solutions in nutrition and wellness. Our investment accelerates Amway India’s ability to develop innovative products tailored to the unique needs of Indian consumers and beyond. This initiative reaffirms our confidence in India’s potential to drive groundbreaking innovations in health and wellbeing.”
For over 25 years, Amway India has been dedicated to supporting healthier lifestyles. Chopra emphasized that this investment will enhance the company’s capacity to offer scientifically-backed initiatives such as the ‘Morning Nutrition’ campaign, which promotes optimal daily nutrition for a healthier lifestyle. The new labs are designed to align with the Government of India’s vision for a healthier nation and will play a crucial role in Amway’s efforts to improve healthspan and overall wellbeing.
, elaborated on the global impact of this investment. “With rising global awareness around health and nutrition, these R&D labs are perfectly positioned to meet evolving consumer needs. Our innovation hub in India allows us to leverage local talent and support the country’s ambition in the global wellness arena. By integrating top scientific expertise with advanced technology, we aim to set new standards in product innovation for diverse markets.”
Amway’s investment focuses on four key areas: Healthy Weight, Healthy Beauty, Fitness, and Healthy Ageing. The labs are equipped with cutting-edge technology, including botanical-driven innovation, advanced packaging solutions, and comprehensive testing facilities. These resources will support the development of products across multiple segments, including Foods, Oral Solids, and Beauty and Personal Care, with a particular emphasis on premium botanical ingredients.
This strategic investment not only strengthens Amway’s research and development capabilities but also reinforces its commitment to delivering innovative, plant-forward solutions that cater to both domestic and international markets. The new labs are poised to elevate Amway’s role as a leader in the health and wellbeing industry, driving forward its mission to help people live healthier, better lives.
