Kothari Industrial Corpn. Ltd was incorporated in 1970 as a public limited company under the name Kothari (Madras). Later, five companies -- Kothari Textiles, Adoni Spinning and Weaving Mills, Balamadies Plantations, Waterfall Estates, and Blue Mountains Estates and Industries --were amalgamated with it. In 1984, the name of the company was changed to Kothari Industrial Corporation (KICL). Pradip D Kothari is the chairman and managing director of KICL. Subsidiary companies are Kothari Information Systems, Kothari Hotels and Kothari (Madras) International. KICL is a well-diversified company with four divisions -- textiles, plantations, granite and fertilisers.

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