Amway to invest Rs. 150 crore more in Tamil Nadu plant.

Direct marketing consumer goods major Amway India has decided to increase its proposed investment in its Tamil Nadu facility, with more production lines to manufacture its complete range of nutrition and beauty products.

According to Anshu Budhraja, Chief Operating Officer, the company will invest Rs. 150 crore over and above the originally proposed Rs. 400 crore in the manufacturing facility that is coming up at Nilakottai near Madurai.

It is expected to start commercial production by the end of 2014, and scale up to full capacity by October next year.

HBL