Business Standard

Kinetic May Outsource Parts From Chinese Firm

Image

R Raghavendra BUSINESS STANDARD

Kinetic Engineering Ltd has shortlisted a Chinese company for outsourcing engine components on a trial basis in a bid to cut costs.

Sulajja Firodia Motwani, joint managing director, said the company would be saving on expenditure by outsourcing components when the customs duty reaches 20 per cent after the next two years. However, Motwani did not reveal details about the Chinese company.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 05 2003 | 12:00 AM IST

Explore News