Kothari Industrial Corporation Ltd — Important, 25-09-2025: Company Update

Kothari Industrial Corporation Limited (KICL) has signed an MoU with Italy's Accademia IUAD, a design university, to form a Joint Venture in India. This strategic move aims to establish an international standard training center in Tamil Nadu. The center will initially provide specialized education in footwear and fashion accessories design, with potential for broader fashion disciplines. This collaboration leverages IUAD's academic prowess and KICL's business strength to boost skill development and professional opportunities in the sector. Further details on the definitive JV agreement are anticipated.