Bhubaneswar: Direct selling FMCG (fast moving consumer goods) company Amway on Wednesday said it plans to invest about Rs 250 crore to set up a manufacturing plant in India.

Amway’s India Managing Director and Chief Executive Officer, William S Pinckney said work on the proposed plant should start next year and will be completed by 2013 although the location has not yet been finalised.

Almost 90 percent of the products sold by Amway India are now manufactured within the country through seven third-party manufacturers.

Pinckney said Amway India recorded a sales turnover of Rs 1,790 crore in 2010 growing at 27 percent over the previous year.

The company he said has set up 14 new Amway touch points and five new brand experience centers in 2010.

(Agencies)