Kinetic to make Gearboxes for Tata Nano

Kinetic, partly owned by Mahindra & Mahindra, has bagged the order to make transmissions for the Nano and possible even its engines! If you could recall, The Kinetic group showcased a concept car that costed just 1 lakh. This would have happened had the Indian Govt obliged and reduced the taxes from 40% to the 16% that they wanted. Still, they always had some unfinished business and now there are  [ Read More ]