CapEx News

Phoenix Kothari Footwear to Invest $1 Billion in Karur, Tamil Nadu, for Adidas Manufacturing Facility

Textiles Jun 24,2026

Phoenix Kothari Footwear, a JV between Kothari Industrial Corporation Ltd and Taiwan's Evervan Group, plans to invest approximately $1 billion over five years to manufacture Adidas footwear at a

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Kothari plans $ 1 billion investment in 3 years

Manufacturing Feb 22,2025

Kothari Industrial Corporation (KICL) is investing $1 billion over three years to expand its fertilizer and footwear facilities in Tamil Nadu. This includes two footwear units with an investment of Rs

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