automotive founded 1972 1972 founder h.k firodia headquarters pune india parent firodia group website kineticindia.com kinetic engineering limited is an indian automotive manufacturer . the company was founded in the year 1972 by hk firodia . today it is an automotive component manufacturer which formerly sold two wheelers under the brand names kinetic honda and later kinetic . it introduced the kinetic luna moped which sold well domestically and was exported extensively to argentina brazil the us and sri lanka . later kinetic engineering formed a joint venture with honda motor company to introduce kinetic honda scooters which had electric start and gearless transmissions . kinetic and honda parted ways in 1998 with the firodias bought out the majority stake of the mnc clarification needed joint venture partner . in 2008 kinetic entered into a joint venture with mahindra automobiles where mahindra held an 80 % stake . 1 by this joint venture mahindra acquired the two wheeler manufacturing facilities as well as the then selling brands of kinetic . after ceasing two wheeler manufacturing kinetic engineering produces and exports automotive components . kinetic motors resumed operations in january 2011 and has announced plans to produce electric vehicles . in february 2014 kinetic sold its stake in mahindra two wheelers to samena capital for 182 crores . 2 on june 27 2015 mv agusta to tie up with kinetic group for its indian debut . notes edit international business times 31 july 2008 mahindra & mahindra buys kinetic motor for rs .110 crore forays into two wheeler market by surojit chatterjee . kinetic engineering sells its stake in mahindra for 182 crores . ians . news.biharprabha.com . retrieved 25 february 2014 . external links edit official website v t e motorcycles in india indian companies bajaj hero motocorp lml mahindra escorts tvs royal enfield foreign companies honda yamaha suzuki kawasaki bmw motorrad triumph ducati harley davidson piaggio see also cars in india transport in india retrieved from https en.wikipedia.org w index.php title kinetic engineering limited & oldid 698496791 categories motorcycle manufacturers of indiascooter manufacturerscompanies based in maharashtracompanies established in 1972hidden categories wikipedia articles needing clarification from august 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 6 january 2016 at 14 06 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view