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Kinetic Engineering: Kinetic Engg targets INR 250-cr revenue this fiscal; in process of raising INR 50 cr for EV arm, ET Auto

Kinetic Engineering, the flagship company of the Group, launched its subsidiary in 2022, Kinetic Watts and Volts, to focus on EV components. Kinetic Engineering is already in discussion with some EV startups like Eblu and E-fill for its electric auto component supplies to strengthen its EV game. The company is also planning to keep on expanding in both global and Indian markets.
United States New Delhi Ajinkya Firodia Kinetic Group Ashok Leyland Kinetic Engineering Limited

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Demand incentives required mid-term to promote adoption of EVs: Kinetic Green Energy CEO

Sulajja Firodia Motwanis comments come at a time when the Centre has cut subsidies on electric two-wheelers in the second edition of its flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. The government is also considering the need for a third edition of the programme with demand incentives for buying EVs under FAME II set to end this financial year.
Pawan Goenka Sulajja Firodia Motwani National Electric Mobility Mission Plan Ministry Of Heavy Industries Federation Of Indian Chambers Commerce Industry Steering Committee On Advancing

Turnaround, new prospects fuel Firodias' plan to further hike stake in Kinetic Engineering, ET Auto

Kinetic Engineering: The component maker is on a turnaround journey and looks to strike collaborations for developing design capabilities, and for EV technologies. Both are crucial for the company’s financial improvement and sustainable growth.
United States New Delhi Ajinkya Firdoia Ashok Leyland Kinetic Group Kinetic Engineering

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