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flag SK Enmove and Gabriel India form joint venture to boost lubricants and EV fluid production in India.

flag 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. flag The new company, SK Enmove Gabriel India, will be majority-owned by SK Enmove with a 51% stake, while Gabriel India holds 49%. flag 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. flag 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.

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