Kothari Industrial Corporation Ltd (KICL) has outlined its Vision 2030 strategy, setting out expansion plans across agriculture, drone technology, geospatial intelligence and footwear manufacturing.
The roadmap was detailed in a company press release.
Shares of KICL were trading at ₹151.80, down 0.86% during the session. The company has a market capitalisation of ₹1,639.77 crore.
The stock has fallen 7.44% over the past five trading sessions and is down nearly 15.87% in the last month. It has touched a 52-week high of ₹223.70 and a 52-week low of ₹142.15.
Precision agriculture at the centre of strategy
KICL said it plans to strengthen its agriculture business through technology-led solutions.
A key initiative is the development of a Farmer Identity-Linked Precision Agriculture Platform.
The platform will combine:
- Land records
- Crop databases
- Soil intelligence
- Drone-based services
- Precision fertiliser recommendations
According to the company, the initiative is aimed at transforming KICL from an agri-input supplier into an agricultural intelligence business.
Expanding drone and geospatial operations
KICL is also increasing its focus on drone and geospatial technologies.
The company currently undertakes:
- Drone surveys
- Infrastructure mapping projects
- Mining-related assignments
- Natural resource mapping
It also executes mapping work for the National Highways Authority of India (NHAI).
The company said it is pursuing opportunities in:
- Indigenous drone manufacturing
- LiDAR drones
- Autonomous systems
- Multi-payload platforms
- Advanced drone technologies
KICL added that it is progressing through the DGCA Type Certification process.
It has also established a Remote Pilot Training Organisation (RPTO) to train drone operators.
Footwear expansion plans
The footwear business forms another pillar of the Vision 2030 strategy.
Through a joint venture with Taiwan-based Evervan Shoe Town Group, the company has set up two manufacturing facilities in Tamil Nadu.
Perambalur unit
- Already producing footwear for Crocs
Karur unit
- Expected to begin production for Adidas in July 2026
Combined capacity from the two plants is expected to reach 80 million pairs annually.
KICL has also secured a 30-year licence for the Kickers brand across nine countries, including India.
The company owns the Zodiz and Jeetlo brands and plans to expand their retail presence.
It has set a target of contributing at least 10% of India’s footwear exports by 2030.
About the company
Founded in 1970, Kothari Industrial Corporation Ltd manufactures:
- Fertilisers
- FMCG products
- Healthcare products
The company has diversified into:
- Precision farming
- Drone and geospatial technologies
- Food services
- Facility management
- Logistics
- Footwear manufacturing
Through Vision 2030, KICL aims to build new growth engines by combining agriculture, artificial intelligence, drones, geospatial technologies and manufacturing.
TL;DR
Kothari Industrial has announced its Vision 2030 roadmap, with plans to expand in precision agriculture, drone technology, geospatial intelligence and footwear manufacturing. The company aims to strengthen its presence across multiple technology-driven businesses.
AI Summary
- KICL unveiled its Vision 2030 strategy.
- Precision agriculture and drone technology are key focus areas.
- The company is pursuing indigenous drone manufacturing.
- Footwear capacity is expected to reach 80 million pairs annually.
- KICL targets a 10% share of India’s footwear exports by 2030.
