William S. Pinckney in Calcutta on Monday. A Telegraph picture

Calcutta, Feb. 13: Amway India will set up its first manufacturing facility in the country at an investment of Rs 300 crore.

The plant is expected to be commissioned in 2014 and will mainly manufacture beauty and nutrition products.

“We are considering different locations for the plant and have received several proposals. Board approvals have been received. But things have not been finalised yet,” managing director and chief executive officer William S. Pinckney said.

“We have about seven third-party contract manufacturing partners. India can become the sixth largest Amway market in the world by this year,” he said.

Amway India’s turnover stood at Rs 2,130 crore in 2011 and is expected to cross the Rs 2,500-crore mark this year.

The contribution of the eastern region is likely to go up to Rs 450 crore this year from about Rs 385 crore in 2011.