Kinetic Engineering Limited
   HOME

TheInfoList



OR:

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 Kinetic Honda was a joint venture between Kinetic Engineering Limited, India and Honda Motor Company, Japan. Kinetic was the first company to have a joint venture with HMSI. The partnership operated from 1984 to 1998, manufacturing two-stroke ...
and later Kinetic Motors. It introduced the
Kinetic Luna Kinetic Luna is a 50 cc moped that was introduced by Kinetic Engineering in India in 1972. The Kinetic Luna continues to be produced and marketed in India. It is marketed in the USA as Kinetic TFR. A 35 cc version, the Luna Wings, was a ...
moped which sold well domestically and was exported extensively to
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
,
Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
,
Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
, and the
USA The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
. 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. By this joint venture, Mahindra acquired the two-wheeler manufacturing facilities as well as the then selling brands of Kinetic. 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 vehicle An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes cha ...
s. In February 2014, Kinetic sold its stake in Mahindra Two-Wheelers to Samena Capital for 182
crore A crore (; abbreviated cr) denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is e ...
rupee Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, B ...
s. In 2015
MV Agusta MV Agusta (, full name: MV AGUSTA Motor S.p.A., original name: Meccanica Verghera Agusta or MV) is a motorcycle manufacturer founded by Count Domenico Agusta on 19 January 1945 as one of the branches of the Agusta aircraft company near Milan in ...
entered a partnership with Kinetic Group for its Indian debut.


See also

* H. K. Firodia Awards


Notes


External links

* {{Two wheelers in India Motorcycle manufacturers of India Scooter manufacturers Companies based in Pune Vehicle manufacturing companies established in 1972 1972 establishments in Maharashtra Indian companies established in 1972