Gabriel India, SK Enmove Form JV for Lubricants and EV Fluids
ECONOMY & POLICY

Gabriel India, SK Enmove Form JV for Lubricants and EV Fluids

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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement