The Hindu Business Line : European foray planned for Kinetic Nova

According to the company, the Nova has successfully completed all homologation requirements for European countries and the first few containers will be dispatched to Turkey, Sweden, Czech Republic, Greece and the UK by the end of this month.

The focus markets in Europe will be Italy, France, Greece, Germany, the UK, the Netherlands, Spain, and East European countries such as Yugoslavia and the Czech Republic.

After Europe, Kinetic will commence exports to the US, followed by Japan, Canada, Australia and New Zealand.

Ms Sulajja F. Motwani, Joint Managing Director, said: "Worldwide, the standard specifications for scooters are four-stroke engines, variomatic transmissions and electric start. Nova is equipped with all these requirements. We believe the product has large global sales potential and expect to earn substantial amount of revenue and foreign exchange for the company."

The Kinetic group has already exported over 150,000 vehicles to markets all over the world.

More Stories on : Announcements | Two/Three Wheelers | Exports & Imports

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Baxter India cuts dialysis fluid prices

European foray planned for Kinetic Nova

Orchid Chemicals to raise $75 m through bond issue

Lupin gets A1 rating for short-term debt programme

Amtek Auto to acquire UK firm for £5 m

ONGC to expand MRPL capacity by another 3 mt

Plastro Plasson tie-up with Punjab co for drip irrigation

Maruti still bets on the 800 model to drive growth

Unichem charts roadmap to move into big league

New Director for NMDC