Kothari Industries Lands Big Investment: Qatar Royals Invest In Chennai-Based Company
Business Today- New Delhi,
- Dec 16, 2024,
- Updated Dec 16, 2024, 2:08 PM IST
Kothari Industries has taken a giant leap forward, securing a landmark investment from Qatar’s Royal Family via FJ Global and Investment. With 70.56 lakh shares sold at Rs 25 each, this strategic collaboration positions Kothari Industries at the forefront of innovation in agriculture and manufacturing. Kothari Industries is investing heavily in modernising farming through drone technology. The company is launching drone schools to train farmers, enabling efficient fertilization of hundreds of acres in a single day. It also leads India’s first AI-powered drone initiative in law enforcement, piloted at Chennai’s Besant Nagar Police Station. The investments from Qatar will also be routed to Kothari’s footwear manufacturing units.