- Business
- Kinetic Engineering Limited Kinetic Engineering Limited (KINETICENG.BO) manufactures and supplies high-quality automotive components, focusing on powertrain and driveline systems for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and electric vehicles; its core products include precision gears, shafts, cones, crankshafts, cylinder heads, camshafts, complete gearboxes, engine assemblies, rigid axles, spline yokes, stub shafts, chassis, body parts, forgings, and broached components produced through vertically integrated facilities with machining, heat treatment, painting, plating, press shops, weld shops, and assembly capabilities. The company operates primarily from its headquarters in Pune, India, with manufacturing facilities in Ahmednagar spanning 50 acres across 26 sheds, and serves global and domestic original equipment manufacturers (OEMs) including off-road, passenger, and commercial vehicle segments while exporting to international markets. Founded in 1972 by H. K. Firodia in Ahmednagar, India, it pioneered the Kinetic Luna moped, which sold millions domestically and was exported to countries such as Argentina, Brazil, Sri Lanka, and the United States, evolving from two-wheeler production under brands like Kinetic Honda to a specialized auto components business as the flagship of the Kinetic Group. Recent developments include a 2025 promoter capital infusion of Rs 177 crore to support capital expenditure, working capital needs, and an ambitious revenue target of Rs 1,000 crore by 2029 through expanded OEM partnerships and electric vehicle focus; the company extended its alliance with American Axle until 2030 for driveline products, built a new world-class manufacturing unit to supply Mahindra & Mahindra with gears and shafts, increased production capacity by 150% for E-Luna parts, and invested Rs 9 crore in November 2025 to raise its stake in subsidiary Kinetic Watts and Volts Limited to 79.79% for electric two- and three-wheeler advancements; additionally, via subsidiary Kinetic Green, it launched the Kinetic E-Luna electric moped in February 2024 with variants offering 80-125 km range on 1.5-3 kWh swappable batteries, targeting urban commuters, and plans a 4.3 kWh pack for 250 km range by early 2025.