The Arun Firodia-promoted Kinetic Motor Company (KMC) is expected to raise its sales turnover to Rs 2,000 crore by 2003 from Rs 1,200 crore by expanding its product portfolio. The company, which today launched a new gearless scooter called ZX Zoom with a 110cc engine, announced that group firm Kinetic Engineering would launch a new range of motorcycles in September.
ZX Zoom has been priced at Rs 37,215 (ex-showroom, Delhi), joint managing director Sulajja Firodia Motwani said at a press conference here today.
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