KICL Chief meets CM Vijay

Jinnah Rafiq Ahmed, Executive Chairman, Kothari Industrial Corporation (KICL) on Friday met Tamil Nadu Chief Minister C Joseph Vijay at the Secretariat.

Listen to this article

In the meeting with the Chief Minister, Ahmed elaborated on KICL’s investment in Tamil Nadu and its role in non-leather footwear manufacturing.

In the non-leather footwear sector, KICL has partnered with Taiwan-based Evervan – Shoe Town Group, which is the third-largest contract manufacturing group known for innovative product manufacturing, for global brands such as Crocs, Adidas and the like.

The joint venture is known as Phoenix Kothari Footwear Ltd. And, the joint venture has 22 international investors for global components manufacturing companies from Taiwan, China, Korea and other parts of the world. They are going to start the construction in the park soon and KICL is the licensee for Kickers, an European fashion and footwear brand, for India and 9 countries. Kickers is a global brand.

The management of tyre maker MRF also met Vijay and discussed their operations in Tamil Nadu and their investment plans. The delegation included K M Mammen, Chairman and Managing Director, MRF, Arun Mammen, Vice-Chairman & Managing Director, and Rahul Mammen Mappillai, Managing Director of the company.

 

Latest

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability....

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise...

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Newsletter

Don't miss

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability....

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise...

No longer required to pay State levies: Dalmia Bharat

The Act notified by the Central Government as amended...

Grounding of Parandur plan: Will it hurt TN dream?

The proposed second airport project at Parandur was announced...

USD50 bln India-Russia trade gap must be addressed: EAM

The India-Russia partnership has consistently demonstrated resilience and adaptability. Even amidst a complex international landscape, our engagement has continued to deepen, reflecting the mutual...

TVS iQube MillionR special edition launched

TVS iQube MillionR Special Edition is priced at Rs 1,40,138 (effective ex-showroom, Karnataka). The TVS iQube portfolio starts at Rs 1,11,310 (effective ex-showroom, Karnataka),...

Goyal pitches for Japanese institutional investments

The discussions hold significance, as India-Japan aims to mobilise 10 trillion yen of Japanese private investment into India over the next decade. Goyal emphasised that...