Gabriel India Limited, the flagship company of the ANAND Group, has entered into a strategic joint venture with South Korea-based HL Klemove, marking its entry into the rapidly growing autonomous driving and automotive electronics segment. Under the agreement, Gabriel India will become a strategic shareholder in HL Klemove India Private Limited. The company will acquire a 30% less one share stake in HL Klemove India for US$98.44 million, or approximately ₹935 crore.
The partnership will allow Gabriel India to participate in the development, manufacturing and sale of advanced mobility technologies, including radar systems, front cameras, lidar, automated driving and parking control units with embedded ADAS software. The joint venture will also cover automotive electronic products such as brake electronic control units, steering ECUs, chassis control units and torque sensors.
The move comes as India’s automotive industry rapidly adopts technologies designed to improve vehicle safety, automation and connectivity. Advanced Driver Assistance Systems (ADAS), sensors and electronic control systems are becoming increasingly important across passenger vehicles and other automotive segments.
Jaisal Singh, Vice Chairman, ANAND Group, said the partnership with HL Klemove is a strategic step in Gabriel India’s plan to expand its scale and presence in high-growth automotive businesses. Anjali Singh, Executive Chairperson, ANAND Group and Gabriel India Limited, said the joint venture would strengthen Gabriel India’s participation in future mobility technologies while diversifying its product portfolio.
Mahendra K Goyal, Group Chief Executive Officer, ANAND and Managing Director, Gabriel India Limited, said the partnership would create opportunities for deeper engagement with vehicle manufacturers and strengthen the company’s position in future mobility solutions.
HL Klemove brings expertise in autonomous driving and automotive electronics, with capabilities covering perception, decision-making and vehicle control. Its portfolio includes radar and camera systems, computing and control units, ADAS software and electronic controllers for braking and steering. The company has more than 2,700 patents and operates R&D and manufacturing facilities across South Korea, the United States, China, India and Mexico. HL Klemove recorded approximately KRW 1.8 trillion in revenue in 2025.
For Gabriel India, the partnership builds on its strategy of expanding beyond its traditional ride-control business into emerging automotive segments. In recent years, the company has entered areas including sunroofs, lubricants, EV fluids and precision fasteners through strategic partnerships.
Gabriel India is the flagship company of the ANAND Group and has more than six decades of experience in automotive components. Its core portfolio includes shock absorbers, struts and front forks for two- and three-wheelers, passenger vehicles, commercial vehicles and railway applications.
