Gabriel India's growth playbook: Diversifying from suspensions to sunroofs in auto components

GABRIEL INDIA , the flagship company of the $2.2-billion Anand Group, has been on expansion mode. The shock-absorber maker, which produces auto components for ride-control, was the first mover in India’s electric scooter space, and currently accounts for over half of the electric two-wheeler market. As demand for feature-rich cars increased, the company latched on to the premiumisation trend by entering into a joint venture with Dutch sunroof maker Inalfa Roof Systems.