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
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, and the
USA.
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 vehicles.
In February 2014, Kinetic sold its stake in Mahindra Two-Wheelers to
Samena Capital for 182
crore rupees.
In 2015
MV Agusta 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