Kothari Industrial Corporation acquires footwear manufacturers Zodiz, Jeetlo

Chennai-based Kothari Industrial Corporation Ltd. (KICL), the flagship firm of the D.C. Kothari group, has acquired Zodiz, Jeetlo and different related sub-brands within the footwear area.

The acquisition of Zodiz, Jeetlo and related sub-brands will come into impact from August 4, 2025, the corporate mentioned.

Zodiz is owned by Zaimus Trends Private Ltd., an organization primarily based in Coimbatore.

Jeetlo Footwear is one other Indian footwear model recognized for inexpensive, fashionable sneakers and sandals. It has a robust presence on main Indian e-commerce platforms, the corporate mentioned.

These manufacturers cater to the price- and quality-conscious mass market, providing merchandise beneath ₹1,000 per pair — a phase that accounts for almost 80% of the Indian footwear consumption, valued at ₹80,000–85,000 crore yearly, it mentioned.

This acquisition provides KICL an instantaneous foothold in one of many fastest-growing and underserved client segments, the corporate mentioned.

“Our enterprise technique might be distribution-led, focusing on Tier-2 and Tier-3 cities — India’s rising city hubs the place the urge for food for inexpensive trend is on the rise,” mentioned Jinnah Rafiq Ahmed, Executive Chairman, KICL.

KICL is deeply into the non-leather footwear area having arrange a non-leather footwear park within the backward district of Perambalur in Tamil Nadu. It has already tied up international makers of iconic manufacturers reminiscent of Kickers, Adidas and the like.