Phoenix Kothari Chairman holds discussion with Ramnad Collector

Rafiq Ahmed, Chairman, Phoenix Kothari Footwear Pvt. Ltd. had a first phase discussion with the District Collector of Ramanathapuram Sivaguru Prabhakaran on the company’s proposed footwear project.

Listen to this article

The meeting held at the conference hall of the District Collector office, Ramanathapuram in the presence of Jeeva Rishi Ahmed, Sikandar and other local officials to accelerate the development of the company’s proposed Rs.1000 crore non-leather footwear manufacturing facility.

Tamil Nadu government  had  signed an MoU with Phoenix Kothari Footwear Pvt Ltd. for the project during the Investors Meet. Through the project, Phoenix Kothari aims to create employment opportunities for around 10,000 particularly empowering women in the region.

“We are confident that this agreement between the Government of Tamil Nadu and our firm brings together key elements – a new factory in Ramanathapuram and employment opportunities predominantly focused on women empowerment in the region. With the strong support of the Government of Tamil Nadu and the Ramanathapuram District Administration, we are committed to turning this vision into tangible industrial growth,” Rafiq Ahmed said.

 

Latest

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

Newsletter

Don't miss

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...