Gabriel India Limited (GIL), the NSE listed flagship company of the $2.2+ billion auto components manufacturer ANAND Group, has entered into a strategic joint venture with South Korea-based HL Klemove to manufacture and sell autonomous driving solutions in the country.
Category: ANAND in Media
Gabriel India to acquire nearly 30 pc stake in South Korean firm’s subsidiary for USD 98.44 mn
Automotive components maker ANAND Group’s flagship Gabriel India Ltd (GIL) on Wednesday said it will acquire a 30 per cent less one share stake in the Indian subsidiary of the South Korean company HL Klemove for USD 98.44 million (approximately Rs 935 crore).
Gabriel India joins hands with South Korea’s HL Klemove – what’s inside the joint venture
Gabriel India Ltd has signed a memorandum of understanding (MoU) with South Korean automotive technology company HL Klemove to tap the growing market for autonomous driving and automotive electronics in India. The partnership will focus on technologies such as Advanced Driver Assistance Systems (ADAS) and other electronic solutions for vehicles.
Gabriel India Limited partners with South Korea’s HL Klemove for Autonomous Driving including ADAS and Automotive Electronics as it accelerates its transformation into a diversified mobility solution conglomerate
Pune, August 26, 2026: Gabriel India Limited (GIL), the NSE listed flagship company of the $2.2+ billion auto components manufacturer ANAND Group, has entered into a strategic joint venture with South Korea-based HL Klemove, under which Gabriel India will become a strategic shareholder in HL Klemove India Private Limited.
Think Big to Achieve Big : A CEO’s advice to today’s HR leaders
It’s people who make the difference, by making decisions, driving innovation, and shaping the organisation’s future, that’s why RPRS is absolutely critical
In the high-stakes world of corporate leadership, where a company’s success is increasingly tied to its people, the relationship between the CEO and the CHRO has never been more critical. This is a dynamic that Mahendra K. Goyal, the Group CEO of Anand, a leading automotive component manufacturer, understands profoundly. With a career spanning three decades, Goyal has witnessed a fundamental shift: HR is no longer just a support function but a key driver of business strategy and organisational transformation.
CII Northern Region Appoints Anjali Singh as Chairperson for 2025–26
CII Northern Region Appoints Anjali Singh as Chairperson for 2025–26
Following the passing of Sunjay Kapur, ANAND Group’s Anjali Singh will lead industry initiatives across Northern India, focusing on regional reforms, ESG adoption, skill development, and SME digital transformation.
Gabriel India to Invest Rs 27 Crore in Fasteners Joint Venture with South Korean Firm
Gabriel India Limited will invest Rs 26,82,84,100 (Rs 26.8 crore) to acquire a 51% stake in Jinhap Automotive India Private Limited (JAIPL), creating a joint venture with South Korean company Jinos Co., Ltd. to manufacture fasteners for automotive and industrial applications, the company announced following its board meeting on July 9, 2025.
Gabriel India’s growth playbook: Diversifying from suspensions to sunroofs in auto components
GABRIEL INDIA , the flagship company of the $2.2-billion Anand Group, has been on expansion mode. The shock-absorber maker, which produces auto components for ride-control, was the first mover in India’s electric scooter space, and currently accounts for over half of the electric two-wheeler market. As demand for feature-rich cars increased, the company latched on to the premiumisation trend by entering into a joint venture with Dutch sunroof maker Inalfa Roof Systems.
MINT : DID AUTO PARTS SUPPLIERS ERR IN MAKING EVS?
Greaves Cotton, Tube Investments and Pinnacle Industries have bled money since they began their EV journey
Mr. Mahendra Goyal, Group CEO, Anand, shares his insights on the exciting EV mega trends and the immense opportunities in the electric vehicle sector at the Bharat Mobility Global Expo 2025 – The Components Show. Don’t miss his perspective on the future of sustainable mobility.
Watch the complete video, follow the link