Kothari Industrial Corporation Sets Sights on Expansion
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.Read the full article https://www.thehindu.com/news/cities/chennai/kothari-industrial-corpn-new-promoters-unveil-aggressive-plans/article67248644.ece (https://www.thehindu.com/business/kothari-industrial-corpn-new-promoters-unveil-aggressive-plans/article68568832.ece/amp/)