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NEW DELHI: Direct selling company Amway India has declared a Rs 636-crore sales turnover for 12 months ended September 2003-August 2004, a 10 per cent growth over the previous fiscal.

The Managing Director and CEO, Mr William S. Pinckney, said in a statement: "Last year has been the best year so far for Amway India. What makes it even more satisfying is that the growth has come despite the difficult market conditions. The growth is a combined result of an increased acceptance of Amway's independent business opportunity and its world-class products by the market forces."

Mr Pinckney said the company offers low cost, low risk and high potential independent business opportunity to individuals. It also markets world-class products exclusively through Amway business owners and on both these counts, Amway India recorded growth during the period under review.

Amway India is a wholly owned subsidiary of $6.2 billion Alticor Inc of the US. The company has invested more than Rs 151 crore in India till date.

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