Gabriel India teams up with South Korea’s HL Klemove for autonomous driving

NEW DELHI: Ride control solutions company Gabriel India Limited (GIL) has entered into a strategic joint venture with South Korea-based HL Klemove.

Under the arrangement, Gabriel India will become a strategic shareholder in HL Klemove India Private Limited.

"The partnership marks a significant step in Gabriel India's strategy to expand its presence across high-growth automotive segments and participate in the growing demand for Autonomous Driving Solutions including Advanced Driver Assistance Systems (ADAS), and Automotive Electronic Products, through the joint venture," the company said in a statement.


The auto components manufacturer is part of ANAND Group. “As a key growth engine of the ANAND Group, Gabriel India is focused on building scale, enhancing competitiveness, and broadening its presence across high-growth automotive segments. Our latest joint venture with HL Klemove represents a strategic step forward in this endeavor," Jaisal Singh, Vice Chairman of ANAND, said.

“As a key growth engine of the ANAND Group, Gabriel India is focused on building scale, enhancing competitiveness, and broadening its presence across high-growth automotive segments.
Our latest joint venture with HL Klemove represents a strategic step forward in this endeavour," Jaisal Singh, Vice Chairman of ANAND, said.

The JV will allow Gabriel India to participate in high-growth segm ents, enabling deeper engagement with automakers and broadening its presence in an evolving
mobility landscape.

“Bolstering our position across critical automotive systems while expanding our participation in future-oriented mobility and automotive technology segments, this new JV for Autonomous Driving and Automotive Electronics marks an important inflection point, enabling Gabriel India to further diversify its portfolio and strengthen its participation in emerging mobility segments," Anjali Singh, Executive Chairperson of ANAND Group and Gabriel India Limited said.

Per the arrangement, Gabriel India Limited will acquire a 30 per cent stake in HL Klemove India for US$98.44 million (about ₹935 crore).

"Beyond unlocking new opportunities for growth, this collaboration will foster deeper OEM engagement, expand our participation in future mobility solutions, and create enduring value for all stakeholders," Mahendra K Goyal, Group Chief Executive Officer of ANAND and Managing Director of Gabriel India Limited, said.

Gabriel India Limited through HL Klemove India will develop, manufacture, and sell a range of advanced mobility solutions, including radar, front cameras, lidar, automated driving and parking
control units, with embedded ADAS software, as well as automotive electronics products such as brake ECUs, steering ECUs, chassis control units and torque sensors.