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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.
Gabriel India will acquire a 28.99% stake in HL Mando Anand India Pvt. Ltd. from Asia Investments Pvt. Ltd. for 22.31 billion rupees (about $231.6 million).