RETAIL/FMCG
Kothari Industrial Invests Additional ₹45 Cr In Phoenix Kothari Footwear
Kothari Industrial Corporation Ltd (KICL) has acquired an additional 4.50 crore equity shares in its associate company, Phoenix Kothari Footwear Pvt Ltd (PKFL), for a cash consideration of ₹45 crore. The latest investment follows KICL’s acquisition of a 30% equity stake in Phoenix Kothari Footwear earlier this year for ₹139 crore. The company has now […]
CW Bureau
·
Nov 9, 2026
ECONOMY
India Targets $15 Bn Leather Exports Riding On Slew Of Free Trade Pacts
India’s leather and footwear industry is being urged to set its sights on becoming a $15-billion export sector, with the Centre arguing that recently concluded and upcoming free trade agreements (FTAs) have created an unprecedented opportunity to significantly expand the country’s global footprint. Addressing the Council for Leather Exports National Export Excellence Awards for 2024-25, […]
CW Bureau
·
Jul 7, 2026
MANUFACTURING
Kothari Industries Targets 10% Share Of India’s Footwear Exports by 2030
Kothari Industrial Corporation Ltd. (KICL), a Chennai-based diversified business conglomerate, has drawn up an ambitious roadmap to contribute at least 10% of India’s footwear exports by 2030 and support the country’s emergence as a leading global footwear manufacturing and design hub. The company has partnered with global players in the footwear industry and created manufacturing […]
CW Bureau
·
Jun 6, 2026