Gabriel India Limited (GABRIEL)
Press Release
Gabriel India Limited partners with South Korea's HL Klemove for Autonomous Driving and Automotive Electronics.
- Acquires 30% less one share in HL Klemove India for approx ₹935 crore (US$98.44 million).
- JV to develop and manufacture radar, lidar, cameras, ADAS software, brake and steering ECUs.
- Expands Gabriel India's presence in high-growth autonomous driving and automotive electronics segments.
- Partnership enhances OEM engagement and diversifies Gabriel's mobility solutions portfolio.
Source: Original filing PDF
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PAT: ₹19,200 Cr (+17% YoY)
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