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Gabriel India, the flagship firm of the multifaceted Anand Group, is looking to expand its passenger car and two-wheeler suspension components on a greenfield basis.
The company, which is now in the land acquisition process, is considering establishing a new plant in South India to meet the growing demand from both domestic and international markets.
The new facility, likely to be commissioned in FY2025, will become the eighth domestic plant of the Indian suspension systems major, which has seen a notable uptick in its passenger vehicle market share from 22 percent to 30 percent in the last couple of years.
Manoj Kolhatkar, Managing Director, Gabriel India, said,“We are looking to set up a new plant that will cater to both passenger vehicles and two-wheelers, along with a little bit of backward integration, particularly in the form of in-house castings for our front fork outer tubes.”
“While we are presently in the phase of land acquisition, the new plant in South India will see the start of production in FY2025,” he revealed.
At present, the company has seven plants – Khandsa (Haryana), Chakan (Maharashtra), Nashik (Maharashtra), Hosur (Tamil Nadu), Sanand (Gujarat), Parwanoo (Himachal Pradesh) and Dewas (Madhya Pradesh) – which supply locally manufactured suspension components to leading OEMs across vehicle categories.
Company : Gabriel India
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