Kinetic Engineering is planning to invest Rs 30 crore in its subsidiary -- Kinetic Watts and Volts as it looks to focus on expanding research, development, and manufacturing capabilities of the new venture. This strategic infusion builds upon the company's initial investment of Rs 18.5 crore, raising the total investment to Rs 48.5 crore. The investment will enable the company to create efficient, reliable, and advanced electric mobility solutions for its customers in the Indian market.
Kinetic Engineering (Kinetic) is a manufacturer of high technology components and assemblies with a focus on Power Train Components and assemblies.