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Kinetic Motor Company Ltd Kinetic Motor Company Ltd “Kinetic has become synonymous with pioneering activities, in the Indian automobile industry. Kinetic pioneered the concept of personalized transportation in India, with the launch of Kinetic Luna, in 1972. Since then, the brand Kinetic Luna has become generic with mopeds.” Kinetic group, with the flagship company of Kinetic Engineering Limited, was founded by Late Shri. H.K. Firodia - noted industrialist and philanthropist; fondly remembered as the Doyen of Indian Automobile Industry. He was a man who nearly single handedly laid the foundations of the now thriving Indian Automobile Industry, and left an illustrious legacy for Kinetic to hold up. Kinetic Engineering is credited with bringing in India the concept of personalized transport. It is a part of the Firodia Group of companies, one of the pioneering groups in automobiles sector in India, founded in the year 1972 by Mr. HK Firodia, known as the doyen of the Indian Automobile Industry. Kinetic launched the Luna moped in 1974, which has now become an iconic brand in India. The Kinetic Group of companies is a leading player in the automotive industry in India. Kinetic Group, founded in 1974, has sold over 6 million vehicles in India. It has a history of innovation and pioneering and has introduced several new concepts that have revolutionized the two wheeler industry. Kinetic brought the concept of personalized transport to India with the launch of the moped Luna in 1974. In 1984, it brought to the Indian customers the first-ever gearless scooter which has come to symbolize comfort, convenience and universal appeal. It has also brought to India new technologies such as four valve engines, electric start on scooters and motorcycles, v- twin engines, USD forks etc. It is the only company to offer top-end world class bikes Comet and Aquila to Indian bike enthusiasts. 1 The group has an international technical collaborations with Hyosung Motors of Korea It has three state of the art manufacturing facilities at Koregaon Bhima, Ahmednagar and Pithampur; and a nationwide network of nearly 450 dealers and over 1,000 service centers. The company exports vehicles to developed countries like USA, Canada, Latin America, Europe, Africa, Middle East and South Asia and has won several excellence awards for exports on state and national level. Current popular brand names include Luna, Nova 135, Zing, Velocity, Boss, Aquila, Comet. The company is preparing to launch some very exciting Italian designs over the next two years. 2 SOCIAL RESPONSIBLITY Kinetic has initiated and runs a project called "Swapnabhoomi" (Dreamland) in Parbhani District of Maharashtra where a cluster of 150 villages have been adopted and are provided inputs for sanitation, literacy, vocational guidance, water conservation, irrigation, women's upliftment, village industries etc. These villages can aspire to be called ' ideal ' villages. Kinetic runs a special program for rehabilitation of leprosy afflicted persons. by way of curing, caring, training and providing gainful rehabilitation. This program has been sustained for over 15 years, which is indicative of the company’s commitment and focused approach to the cause of empowerment and rehabilitation of leprosy patients. Kinetic has formed a special alliance with Mission: Vijay II, a foundation that assists our country’s war heroes in rehabilitation. The alliance covers all ex- servicemen and war-wounded soldiers or their widows or families, and offers them an opportunity for earning livelihood after they are no longer able to serve in the army or have lost their family members. Through this alliance with Kinetic, the war wounded, ex-servicemen and war widows are offered an opportunity to set up Authorized Sales and Service stations for Kinetic. These would be set up in the Tehsils or villages across the country. They will earn commission on all sales and also income from servicing of Kinetic’s two wheelers. Kinetic will extend all training and support required for them to carry out this activity. The alliance has been formed on a national level, so the program is open across the country. Kinetic has sold over 60 lakh vehicles across India, so this program can generate sizeable income. In addition to these three on-going programs, we also donate cash or assistance at times of emergency. For example, we had donated financial assistance to Latur village when it was devastated by an earthquake. We have also specially modified and donated scooters to soldiers who lost their legs in the Kargil War. These scooters are modified so as to help them get around despite their disability. 3 HISTORY Kinetic has become synonymous with pioneering activities, in the Indian automobile industry. Kinetic pioneered the concept of personalized transportation in India, with the launch of Kinetic Luna, in 1972. Since then, the brand Kinetic Luna has become generic with mopeds. Kinetic also takes the credit of revolutionizing the scooter industry in India. It was the first to introduce a gearless scooter with advanced features like TLAD suspension, auto choke, auto fuel cork, etc thus offering convenience and comfort to the earlier hassled scooter customer. Kinetic now has the distinction of being India’s only two-wheeler company to offer a full range of vehicles which range right from mopeds, step-thrus, scooterettes, scooters to motorcycles. 4 1964 Foundry and Plant of Jayhind Industries set up. 1970 Kinetic Engineering Ltd, incorporated for the purpose of manufacturing 2 wheelers. 1974 Jayahind Sciaky, set up in collaboration with Sciaky Intertechnique S.A. of Switzerland. 1980 Kinetic group joins hands with Twentieth Century Finance Corp. And Integrated Finance Ltd., to float Joint Venture Finance companies to finance Kinetic 2 wheelers. 1981 ZF Steering Gear India Ltd. Launched. (Kinetic enters into collaboration with Zahnradfabrik Friedchshafen A.G. of West Germany). 1984 Kinetic Group enters into collaboration with Honda Motor Company of Japan and a new company Kinetic Honda Motor Ltd. is born. 1996 Kinetic group takes over Integrated Kinetic Fincap Finance Ltd and the company is renamed as Kinetic Lease and Finance ltd. 1996 Kinetic collaborates with Hyundai Corporation of South Korea to form a new company - Kinetic Transportation Products Ltd - to manufacture elevators, escalators and Auto parking systems with the latest state of the art VVVF technology. 1997 Kinetic group take over Twentieth Century Kinetic Finance and the company is now renamed as Kinetic Fincap Ltd. 5 1998 History is created as Kinetic acquires major stakes in Kinetic Honda Motors Ltd. 1998 Kinetic Communications Limited set up in technology & license agreement with Daewoo Electronics Limited of South Korea, for manufacturing trading and marketing of Colour Monitors for PC's. 1999 Kinetic Motor Company Ltd. is formally incorporated. 2000 Kinetic begins building product portfolio and over the next few years, makes a strong entry into every segment of the motorcycles industry 2001 Kinetic strikes alliance with Korean two wheeler maker Hyosung Motors which over the next few years brings to India revolutionary motorcycles such as the four valve engined GF, the super sportsbike Comet and the cruiser Aquila 2002 Kinetic launches 4-stroke scooter Nova which goes on to win scooter of the year awards from ICICI bank - Overdrive, from Business Standard Motoring and also the Design excellence award in automobile design from National Institute of Design - Businessworld 2004 Kinetic strikes alliance with Italjet Moto Spa from Italy, acquires production lines and complete distribution rights to seven bestselling scooter designs, chalks out a plan to revamp the two wheeler segment in India 2005 Kinetic enters auto component industry for manufacture of engineering components and tool engineering for domestic as well as international companies 6 Other Kinetic Group Companies Kinetic Two Wheelers The flagship Kinetic company. Experience the best of two wheelers in India. Kinetic Auto Components World class auto components indigeniously researched and produced. Kinetic Elevators and Escalators Kinetic are India partners of Hyundai Elevator Company Limited, Korea's pioneering manufacturers of escalators & elevators. Kinetic Communications Our mission is to offer value added engineering services combining domain knowledge and technology expertise on CAD/CAM/CAE platforms... Jaihind Sciaky Founded in 1974 in collaboration with SCIAKY, we are the largest manufacturers of Resistance Welding Machines and controls in India.. Kinetic Brands Bikes Comet, Aquila, GF series, Stryker, Boss, Velocity Scooters Blaze, Zoom, 4S, Nova series, SYM Flyte Mopeds and Scooterettes Kine, Zing 80, Luna 7 Loadcarrying Vehicles V2, King About the Company Kinetic Motors introduced the concept of personalized transportation in India in 1972 when it launched Kinetic Luna. Thereafter, it has been continuously serving Indian automobile industry.In 1984, the company entered into a Joint Venture with Honda Motor of Japan, to produce advanced scooters in India. Both the companies introduced in collaboration a gearless scooter with advanced features like TLAD suspension, auto choke and auto fuel cork. In 1998, Kinetic bought the controlling stakes from Honda becoming the first Indian JV partner to buy out the foreign majority shareholder.Kinetic has a dealership network of more than 400 dealers and authorized service centers across the country. It is a leading exporter of vehicles across the globe with thousands of vehicles exported
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