Monthly sales to touch Rs 10-12 Cr by Apr 2010: Kinetic Engineering
2009 September 16
Sulajja Firodia Motwani, MD of Kinetic Engineering said that the monthly sales of Kinetic Engineering will touch Rs 10-12 crore by April 2010. The company is targeting monthly sales of Rs 20 crore by April 2011, she said. Exports are likely to be slow for next 6-9 months.
She further said that Kinetic Motors is going to enter new business areas and the final decision about this is likely to be taken during this quarter. Home automation may be one new area the company is planning to enter, she added.
Kinetic Motor has sold two-wheeler business to M&M. However, Kinetic Motor can use brand name for non two-wheeler businesses.
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