Kinetic Engineering Limited is an Indian automotive manufacturer. The company was founded in the year 1972 by H. K. Firodia. Today it is an automotive component manufacturer which formerly sold two-wheelers under the brand names Kinetic Honda and later Kinetic Motors. It introduced the Kinetic Luna moped which sold well domestically and was exported extensively to Argentina, Brazil, Sri Lanka, and the United States.
Later Kinetic Engineering formed a joint venture with Honda Motor Company to introduce Kinetic Honda scooters, which had electric start and gearless transmissions. Kinetic and Honda parted ways in 1998 when the Firodias bought the majority stake of the joint venture from Honda. In 2008, Kinetic entered into a joint venture with Mahindra Automobiles, where Mahindra held an 80% stake.[1] By this joint venture, Mahindra acquired the two-wheeler manufacturing facilities as well as the then selling brands of Kinetic.[citation needed]
After ceasing two-wheeler manufacturing, Kinetic Engineering produces and exports automotive components. Kinetic Motors resumed operations in January 2011 and has announced plans to produce electric vehicles.[citation needed]
^International Business Times, 31 July 2008, "Mahindra & Mahindra buys Kinetic Motor for Rs.110 crore, forays into two-wheeler market" by Surojit Chatterjee.
^"Kinetic Engineering sells its Stake in Mahindra for 182 Crores". IANS. news.biharprabha.com. Retrieved 25 February 2014.
External links
Official website
August 20, 2023
kinetic, engineering, limited, indian, automotive, manufacturer, company, founded, year, 1972, firodia, today, automotive, component, manufacturer, which, formerly, sold, wheelers, under, brand, names, kinetic, honda, later, kinetic, motors, introduced, kineti. Kinetic Engineering Limited is an Indian automotive manufacturer The company was founded in the year 1972 by H K Firodia Today it is an automotive component manufacturer which formerly sold two wheelers under the brand names Kinetic Honda and later Kinetic Motors It introduced the Kinetic Luna moped which sold well domestically and was exported extensively to Argentina Brazil Sri Lanka and the United States Kinetic Engineering LimitedIndustryAutomotiveFounded1972 1972 FounderH K FirodiaHeadquartersPune IndiaKey peopleArun Firodia chairperson Sulajja Firodia Motwani vice chair ProductsKinetic LunaParentFirodia GroupSubsidiariesKinetic HondaWebsitekineticindia wbr comLater Kinetic Engineering formed a joint venture with Honda Motor Company to introduce Kinetic Honda scooters which had electric start and gearless transmissions Kinetic and Honda parted ways in 1998 when the Firodias bought the majority stake of the joint venture from Honda In 2008 Kinetic entered into a joint venture with Mahindra Automobiles where Mahindra held an 80 stake 1 By this joint venture Mahindra acquired the two wheeler manufacturing facilities as well as the then selling brands of Kinetic citation needed After ceasing two wheeler manufacturing Kinetic Engineering produces and exports automotive components Kinetic Motors resumed operations in January 2011 and has announced plans to produce electric vehicles citation needed In February 2014 Kinetic sold its stake in Mahindra Two Wheelers to Samena Capital for 182 crore rupees 2 In 2015 MV Agusta entered a partnership with Kinetic Group for its Indian debut citation needed See also EditH K Firodia AwardsNotes Edit International Business Times 31 July 2008 Mahindra amp Mahindra buys Kinetic Motor for Rs 110 crore forays into two wheeler market by Surojit Chatterjee Kinetic Engineering sells its Stake in Mahindra for 182 Crores IANS news biharprabha com Retrieved 25 February 2014 External links EditOfficial website Retrieved from https en wikipedia org w index php title Kinetic Engineering Limited amp oldid 1144891989, wikipedia, wiki, book, books, library,
