Kinetic completes its restructuring plan

Date: 14 Feb 2013

Kinetic, Pune’s pioneering group in the area of automobiles and automotive technology, has announced the completion of its restructuring plan thereby bringing synergies across its various businesses and divisions, aimed at improving shareholder value and aligning its business to meet dynamic market demands. Speaking on the developments, Sulajja Firodia Motwani, Vice Chairperson Kinetic Engineering Ltd, noted, “We are pleased to announce the culmination of the initiatives undertaken that aims at streamlining our business and aids in executing our strategic plan that will focus upon the enormous opportunities prevailing in Indian and global market place. Innovation, leveraging synergizes; acceleration of profitable growth and increasing shareholder value has been the company’s primary objective".

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