Kinetic Group to enter Bangladesh market under a local brand Walton

Mumbai, June 15 (UNI) The Pune-based Kinetic group plans to enter Bangladesh automotive market. Accordingly, it has joined hands with a local firm in Bangladesh to roll out a range of motorcycles under the 'Walton' brand, the company said.

This is the first international market where Kinetic has decided not to use the Kinetic brand on its bike and market the same under a local brand.

Kinetic Motors has started seeding volumes in the Bangladesh market with 400-500 units. It will gauge the response for these bikes and then step up its plans for the market, it added.

The Firodia family promoted company, however, has shelved plans to set up a manufacturing base in Thailand due to some financial problems with their local partner, it said.

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