Under the leadership of J. Rafiq Ahmed, Kothari Industrial Corporation Ltd. (KICL) is undergoing a major transformation. Ahmed, who may soon control 73% of the company, has announced an ambitious ₹16,000 crore investment plan. This includes a 1.2 million tonne fertilizer plant in Qatar, partnerships with global footwear brands like Crocs and Fila, and establishing a drone training center in Madurai. Ahmed’s vision is to restore KICL’s legacy across multiple sectors, focusing on fertilizers, textiles, footwear, and food.
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Kothari Industrial Corporation Sets Sights on Expansion