Kinetic Engineering to make gearboxes for the Rs1-lakh Tata car
12 September 2007
Mumbai: Pune-based two-wheeler major Kinetic group company Kinetic Engineering has been mandated to supply gearboxes for the Rs1-lakh car proposed by Tata Motors.
The group''s auto components manufacturing arm, Kinetic Engineering Ltd, will also invest around Rs40-50 crore to set up a manufacturing facility for gearboxes at Tata Motors'' vendor park at Singur in West Bengal.
"We strongly believe in the potential of the small car and our company, Kinetic Engineering, will be supplying gearboxes for the car," Kinetic Engineering''s director Sulajja Firodia Motwani said.
Kinetic would be supplying two types of gearboxes - manual and variomatic - she said without divulging the figures.
Tata Motors'' order for a full year is expected to be in the range of Rs60-70 crore.
"Normally, auto manufacturers make gearboxes themselves because of the complex machining involved but in Kinetic Engineering''s case, given our good reputation as an original equipment manufacturer, we have been given the order to supply the full gearbox to Tata Motors," she said.