Kinetic Engineering, an auto component maker, is coming out with two new gearboxes that are focussed towards different customer segments. According to Sulajja Firodia Motwani, Vice Chairperson, Kinetic Engineering, the company has accomplished two vital programmes in the past 18 months that are all set to roll out soon.
The first one is the gearbox that is developed for the Piaggio Ape four wheelers. The second is assembled gearbox for the Mahindra Navistar trucks. The Assembled gearbox is expected to be launched within the next few months.
Kinetic is targeting towards changing the Indian market and is bringing advanced technologies in the powertrain and transmission segments in the coming months of 2012. Motwani further said, “Our focus is on the transmission (segment) and we do hope to bring out new technologies in this area. And in the next few months you may see some new announcement." Company particularly targets two wheelers, three wheelers and commercial vehicles segments that are expanding in the Indian automotive market.
The company had supplied components like shaft, gears and transmissions for Tata Nano project and for the diesel version also, it was invited to quote. Kinetic has set-up a component line for the Nano at the Ahmadnagar facility by investing around Rs. 60 crore. Motwani commented, "We are supplying from Ahmadnagar. We had discussed with Tata Motors for a potential assembly unit in Sanand. Discussion is still on."
Regarding exports, Motwani said "I would say it (exports) went through a difficult period in 2008-09, but exports have been stabilised now”.
