By Ritwik Mukherjee Aug 06 2013 , Kolkata, Amway India is looking at a topline revenue of Rs 5,000 crore by 2020. The company is exploring Indian-oriented products to aid growth, top company officials told Financial Chronicle. The company is also bullish about the growth of anti-ageing segment, particularly in the country. “The anti-ageing industry in India is young, but growing at lightning speed as Indian urban women are increasingly becoming aware of anti-ageing products. Anti-ageing skincare market in India is expected to grow at a whopping 175 per cent in the next three years. By 2015, the size of this skincare market is pegged at Rs 9,808 crore and the anti-ageing segment is estimated to stand at Rs 566 crore,” Maud Pansing, vice-president, global beauty, Amway Corporation, said. Source: Mydigitalfc.co:m, Image: flickr.com
