Kinetic mulls JV with U.S companies for customized vehicles

Friday, 17 November 2006, 20:30 IST
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Mumbai: Close on the heels of launching its Italiano range of scooters in the market, the Kinetic Group is further looking to capture the market, and is working on joint ventures with companies based in the U.S. for the manufacture of customized vehicles. The JV will include vehicles in the following segments-electric scooter, go-karts, children's bikes, modified scooters for the disabled, delivery vehicles, police vehicles and emergency medical assistance vehicles, reported The Business Line today. Ajinkya Firodia, Vice-President (Marketing and Sales), Kinetic Motor Company tole Business Line that the company is working on these products, its vast experience in the automotive sector being the sounding board. As an add-on and to offer products in double quick time, it is looking to tie-up with a leading player in the respective product lines. Kinetic also has plans to manufacture engines, power packs (electronic device for the electric supply in vehicles) and sub-assemblies (an assembled unit forming a component to be fitted into the larger product) for small-scale motorcycle units who outsource these components. Firodia said that these products will primarily cater to the export market. The company already has in place a committed team well versed in international trade for the export initiative. Other benefits like minimum delivery period (within 30 days), assurance of after-sales service support (special service tools with every model, spare parts supplied with containers and product service training imparted at site) and tailor-made packaging (CBU, SKD or CKD) make it a lucrative option for prospective importers, noted the publication. It’s vehicles can be modified to suit importing country's traffic and statutory regulations. This involves engine tuning to comply exhaust emission, noise, braking and host of other requirements. The company recently, the company exported the Kinetic Blaze to Japan. It has now got homologation certificates (EC Norms - European Union and Department of Transport, US) for Nova, GF 125, Luna TFR models.
Source: IANS
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