Auto component manufacturer Gabriel India has entered into a joint venture with South Korea’s SK Enmove to diversify its product portfolio and foray into the lubricants and engine oils segment.

The partnership marks a major milestone in Gabriel India’s transformation from a ride control systems specialist into a diversified automotive systems and components company. It aims to broaden the firm’s presence across high-growth mobility segments, including emerging electric vehicle (EV) technologies.

According to a company statement, the joint venture will enable Gabriel India — part of the Anand Group — to tap into India’s fast-expanding lubricants and EV fluids market, valued at around Rs 400 billion. The segment is expected to record steady growth driven by increasing vehicle ownership and accelerating EV adoption across the country.

The collaboration with SK Enmove brings advanced technology and global expertise to Gabriel India’s operations, positioning the company to compete effectively in both the conventional and next-generation automotive fluids space.