Gabriel India unveils ₹3,166-crore plan to acquire stakes in HL Mando and HL Klemove India

Gabriel India announced Project Jupiter, a ₹3,166-crore plan to acquire 28.99% of HL Mando Anand India for ₹2,231 crore and 30% minus one share of HL Klemove India for $98.44 million (about ₹935 crore), deepening its Korean technology ties.

“These investments strengthen Gabriel India's position as a comprehensive mobility platform by bringing together complementary capabilities across the automotive value chain.”thehindubusinessline.com

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• thehindubusinessline.comGabriel India unveils ₹3,166-crore Project Jupiter for Korean-linked HL Mando, Klemove stakes - The HinduBusinessLineAmit Vijay MohileJul 22, 2026

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