1. Phoenix Kothari Footwear JV - Crocs & Adidas production starting April 2026 - The 30%-owned PKFL JV with Evervan Shoe Town Group targets 60 million pairs annually for Crocs and Adidas, with the first project executed in one year and production going live by April 2026. At a planned total investment of USD 200 million (₹1,600 Cr) phased through FY28, this becomes KICL's single largest earnings driver as capacity ramps toward 40 million pairs by FY27.
2. Perambalur footwear cluster - 11 MOU partners with ₹2,340 Cr proposed investment - MOUs signed with 11 companies for a non-leather footwear technology park in Perambalur, Tamil Nadu, with a combined proposed investment of USD 292.5 million (₹2,340 Cr) and 44,500 jobs targeted. The cluster creates a plug-and-play import-substitute ecosystem supplying materials, moulds and machinery directly to the PKFL anchor plant, removing supply-chain bottlenecks.
3. Kickers 30-year licence - retail rollout across 9 countries - A 30-year licence with France's Group Royer covers manufacturing, distribution and retail of the Kickers brand across India, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives, Qatar, UAE and KSA, with stores already opened in Qatar, Indore, Noida and Delhi. A non-binding Letter of Intent signed in February 2026 explores acquiring Kickers brand IP rights for certain markets, which would convert a royalty-cost licence into an owned brand asset.
4. Logistics & Facility Management - ICF contracts and Parveen Roadways acquisition - KICL acquired Parveen Roadways (fleet of 100+ vehicles) for ₹24.03 Cr and has since won two ICF Chennai service contracts: a 25% quantity enhancement to an existing forklift contract (₹6.33 Cr, extended to July 2026) and a new ₹9.45 Cr forklift contract over 580 days from June 2026. These recurring government service contracts add visible, annuity-style revenue to a segment that generated ₹21.39 Cr in its first reported period.
5. Fertilizer division - scaling to 10,000 MT for Rabi with 34 new products launched - The division has been allotted 5,000 MT for Kharif 2025 and plans to scale to 10,000 MT for Rabi, while launching 34 new agrochemicals and mineral products and initiating production of 28 micronutrients at Vazhavandhankottai near Trichy. A 30,000-strong dealer network across four southern states provides ready distribution for the expanded product portfolio.
6. Branded value footwear - ZODIZ & JEETLO acquisition targeting ₹350 Cr turnover by FY30 - KICL acquired the ZODIZ and JEETLO brands along with related manufacturing assets for a total cash outlay of ₹81 lakh, and signed a long-term sourcing agreement with the seller. The distribution network already spans 150 distributors and 2,000 retailers across 7 states, with a management target of 10,000 retailers and ₹350 Cr turnover by March 2030.
7. FMCG & Vending Division - four brands launched with pan-India distribution planned - The division was inaugurated on 30 April 2026 at Maraimalai Nagar, Tamil Nadu, launching VENDIKO (smart vending), CHUSIP (non-carbonated fruit beverages), NABAKO (premium baked goods) and THE CRAFTED CIRCLE (ethnic snacks and sweets) for the domestic market. Deployment across high-footfall urban transit points gives KICL a direct-to-consumer channel independent of its footwear and agri businesses.
8. Footwear design education - JV with IUAD Italy and MOUs with ITECH Lyon, Arsutoria, RED21 - KICL will hold 51% in KOTHARI IUAD Private Limited, a JV with Accademia IUAD Italy to set up an International Footwear Design & Technology institution in Tamil Nadu, with incorporation expected within 30 days of the 29 November 2025 board approval. Additional MOUs with ITECH Lyon, Arsutoria and RED21 build a talent pipeline that directly supplies skilled designers and technicians to the Perambalur footwear cluster.