Gabriel India’s ₹3,166 Cr Bet on the Future of Mobility

Gabriel India has announced Project Jupiter, a ₹3,166 crore strategic investment initiative aimed at acquiring stakes in automotive technology companies HL Mando Anand India and HL Klemove India, strengthening its capabilities across the evolving mobility ecosystem.

As part of the transaction, Gabriel India will acquire a 28.99 per cent stake in HL Mando Anand India for ₹2,231 crore and a 30 per cent minus one share stake in HL Klemove India for $98.44 million (around ₹935 crore), according to a regulatory filing.

The investments will deepen Gabriel India's technology collaborations with Korean automotive partners and expand its presence beyond suspension systems into advanced mobility solutions. The company said the acquisitions complement its existing partnerships with CY Myutec, Jinhap and SK Enmove, along with global alliances with Dana, Henkel and Inalfa Roof Systems.

Project Jupiter is expected to position Gabriel India as an integrated mobility solutions provider by combining expertise in automotive components, electronics and next-generation vehicle technologies.

News by Rahul Yelligetti.