Gabriel India Partners with South Korea’s HL Klemove in ₹935 Crore Autonomous Driving and ADAS Joint Venture
Gabriel India Limited has announced a strategic partnership with South Korea-based HL Klemove to strengthen its presence in autonomous driving, Advanced Driver Assistance Systems (ADAS), and automotive electronics. The company disclosed the development on August 26, 2026, under Regulation 30 of the SEBI Listing Regulations.
As part of the transaction, Gabriel India will acquire 30% less one share of the total paid-up share capital of HL Klemove India Private Limited by purchasing 3,78,44,999 equity shares from HL Klemove Corp., South Korea. The acquisition is valued at US$98.44 million, or approximately ₹935 crore.
Gabriel India Enters High-Growth Autonomous Driving Segment
The joint venture represents a major step in Gabriel India’s strategy to diversify beyond its traditional ride-control products and participate in technology-driven automotive segments. Through HL Klemove India, the company will gain exposure to the rapidly expanding market for autonomous driving solutions, ADAS, and automotive electronic systems.
HL Klemove has established capabilities across the autonomous driving technology value chain, covering perception, decision-making and vehicle control. Its technology portfolio includes radar systems, cameras, high-performance computing platforms, control units and ADAS software.
The partnership is expected to help Gabriel India deepen its engagement with automotive OEMs while expanding its presence in future mobility technologies.
₹935 Crore Investment in HL Klemove India
Gabriel India will invest approximately ₹935 crore to acquire its strategic stake in HL Klemove India. The company will acquire 3,78,44,999 equity shares, representing 30% less one share of the target company’s paid-up share capital.
The investment provides Gabriel India with a significant strategic position in a technology-focused automotive business while allowing it to participate in the growth of autonomous driving and automotive electronics in India.
Products to Include Radar, Cameras, LiDAR and ADAS Systems
Under the partnership, HL Klemove India will develop, manufacture and sell a broad range of advanced mobility and automotive electronic products.
The portfolio will include:
- Radar systems
- Front cameras
- LiDAR solutions
- Automated driving control units
- Automated parking control units
- ADAS software
- Brake Electronic Control Units (ECUs)
- Steering ECUs
- Chassis control units
- Torque sensors
These technologies are increasingly becoming important as automakers move toward connected, safer and more automated vehicles.
HL Klemove Brings Global Autonomous Driving Expertise
HL Klemove is headquartered in South Korea and specializes in autonomous driving and automotive electronics solutions. The company has end-to-end capabilities covering vehicle perception, decision-making and control.
Its technology portfolio includes radar and camera-based sensing systems, high-performance computing and control units, ADAS software and electronic controllers for braking and steering applications.
HL Klemove has more than 2,700 patents and operates a global manufacturing and research and development network across South Korea, the United States, China, India and Mexico. The company reported approximately KRW 1.8 trillion in revenue in 2025.
In India, HL Klemove India has established a strong position in autonomous driving technology and was the first company in the country to localize production of both ADAS radar and smart cameras.
Gabriel India Expands Beyond Traditional Auto Components
Gabriel India has been steadily diversifying its business portfolio through strategic joint ventures and partnerships in emerging automotive segments.
The company has expanded into areas including sunroofs, lubricants, EV fluids and precision fasteners. The HL Klemove partnership adds autonomous driving and automotive electronics to this growing portfolio.
This diversification could help Gabriel India reduce its dependence on conventional ride-control products while increasing its exposure to technology-intensive automotive systems.
Management Commentary
Jaisal Singh, Vice Chairman of ANAND Group who spearheads the group’s mergers and acquisitions, said the partnership with HL Klemove represents a strategic step in Gabriel India’s efforts to build scale, improve competitiveness and expand into high-growth automotive segments.
Anjali Singh, Executive Chairperson of ANAND Group and Gabriel India, said the new joint venture will strengthen the company’s position in critical automotive systems while increasing its participation in future-oriented mobility and automotive technology segments.
Mahendra K. Goyal, Group Chief Executive Officer of ANAND and Managing Director of Gabriel India, said the collaboration is expected to create new growth opportunities, strengthen OEM engagement and expand Gabriel India’s participation in future mobility solutions.
Strategic Importance for Gabriel India
The transaction marks an important shift in Gabriel India’s long-term growth strategy. The company has traditionally been recognized for ride-control products such as shock absorbers, struts and front forks. Its entry into autonomous driving and automotive electronics gives it exposure to some of the fastest-growing areas of the global automotive industry.
The growing adoption of ADAS, electric vehicles, connected vehicles and automated driving technologies is creating demand for advanced sensors, electronic control units and software-driven vehicle systems.
Through HL Klemove India, Gabriel India can participate in this transition while leveraging HL Klemove’s technology capabilities and relationships with global automotive OEMs.
About Gabriel India
Established in 1961, Gabriel India is the flagship company of the ANAND Group and a major manufacturer of automotive components. The company is a market leader in ride-control products, including shock absorbers, struts and front forks.
Gabriel India serves multiple automotive segments, including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles and railways. The company has a presence across 25 countries and works with leading automotive OEMs, including customers in the growing electric vehicle segment.
About ANAND Group
Founded in 1961, ANAND Group is a US$2.2 billion-plus automotive components conglomerate with 25 operating companies, including 15 joint ventures and four technical collaborations.
The group manufactures products and systems covering ride control, drivetrain, climate control, engine cooling, braking systems, sunroofs, sealants and adhesives, electric motors, safety products and electric power steering, among other areas.
ANAND Group has a presence across 87 locations in India and employs more than 22,000 people.
What This Means for Gabriel India
Gabriel India’s investment in HL Klemove India signals a clear move toward becoming a more diversified mobility technology company. The ₹935 crore investment gives the company a strategic foothold in autonomous driving, ADAS and automotive electronics at a time when vehicle technology is rapidly shifting from mechanical systems toward software, sensors and electronic controls.
The success of the partnership will depend on the pace of ADAS and autonomous driving adoption in India, OEM partnerships, localization, technology commercialization and the financial contribution generated by the new business. Nevertheless, the transaction significantly broadens Gabriel India’s addressable market and adds a future-focused technology platform to its existing automotive components business.
Disclaimer: This article is based on information disclosed by Gabriel India Limited in its corporate announcement dated August 26, 2026. It is intended for informational purposes only and should not be considered investment advice, a recommendation to buy or sell any security, or a guarantee of future business or financial performance.