The Pune-based Kinetic group has bagged a prestigious order from Tata Motors to supply gearboxes for the latter's proposed Rs 1-lakh small car, a top company official said.
The group's auto components manufacturing arm, Kinetic Engineering Ltd, will also be investing around Rs 40-50 crore to set up a manufacturing facility for these gearboxes in Tata Motors' vendor park at Singur in West Bengal.
Wednesday, September 12, 2007
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