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Toyam Industries makes foray into sports and merchandise segments

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Capital Market

Launches integrated fight league platform 'K1L' in India

Toyam Industries announced that as decided in the Board of Directors meeting held on 28 April 2017, it has made an entry into sports, merchandise, fitness, health products and sports cafsegment. The company management has carried out a feasibility study and future planning along with growth projections in the area of sports and related business segments. The company is launching an integrated fight league platform in India. It is registered under the name and impression of "K1L Kumite 1 League".

The company is launching its K1L series of products and services by opening a sports cafin the month of July 2017 in Mumbai. This would be a great value addition to the company, in a broader aspect. Right from commencement of sports league to merchandise and fitness centers in all major cities in India, to penetration in tier two cities and expanding into overseas markets.

 

Shortly, the company will announce launching date of different K1L products and services in India. The company is already under talks with various regulatory authorities to facilitate launch of season 1 of the said sports league "K1L". "K1L" will also be a franchise based model, which will bring additional revenue and help increase base of the company in tier three cities.

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First Published: May 04 2017 | 3:13 PM IST

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