Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
SK Enmove and Gabriel India form joint venture to boost lubricants and EV fluid production in India.
Gabriel India has formed a joint venture with South Korea’s SK Enmove, a subsidiary of the SK Group, to enter India’s expanding lubricants and electric vehicle fluids market.
The new company, SK Enmove Gabriel India, will be majority-owned by SK Enmove with a 51% stake, while Gabriel India holds 49%.
The partnership enables end-to-end manufacturing and distribution of engine oils, EV fluids, industrial lubricants, and related products, targeting India’s ₹40,000 crore market fueled by rising vehicle and EV adoption.
This marks a strategic shift for Gabriel India, which reported ₹4,063 crore in consolidated revenue for FY 2024-25, expanding beyond its traditional suspension systems focus into broader automotive components.
SK Enmove y Gabriel India forman una empresa conjunta para impulsar la producción de lubricantes y fluidos EV en la India.