23 Jul 2026
Gabriel India unveiled Project Jupiter, a 3,166 crore rupee plan to buy into two Korean-linked auto parts makers.
It takes 28.99 percent of HL Mando Anand for 2,231 crore rupees, mostly through a share swap, and 30 percent of HL Klemove for about 935 crore rupees in cash. Mando makes steering, braking and suspension systems, while Klemove adds radars, cameras and driver-assist software. The deal turns a shock-absorber maker into a wider mobility supplier that sells more content per car.