Amway Sees Dynamic Potential in India's Growing Market
Amway Co-Chairman Doug DeVos highlights India's potential as a major market alongside the US and China. Despite regulatory hurdles, DeVos is optimistic about India's dynamic marketplace and its role in Amway's global operations. The company plans to adapt and thrive amidst policy challenges.
- Country:
- India
Amway's Co-Chairman of the Board of Directors, Doug DeVos, has expressed strong confidence in India's continuing emergence as a vital marketplace on the global stage alongside economic giants such as the United States and China.
During his visit to India, DeVos emphasized the dynamic potential of the Indian market, stating that despite existing regulatory challenges, the region offers incredible opportunities that Amway intends to harness. "It's hugely important," he noted, stressing the significant role India plays in the company's global plans.
DeVos acknowledged the complexities posed by regulatory and infrastructural environments but remains optimistic about establishing fair trade relationships. He affirmed Amway's commitment to navigating these hurdles, focusing on innovation, advancing new products, and solidifying partnerships with Amway business owners in India.
(With inputs from agencies.)
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- Amway
- India
- economy
- marketplace
- regulation
- trade
- innovation
- strategy
- DeVos
- global
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