Gabriel India Limited signs joint venture with SK Enmove, part of the SK Group

Gabriel India Limited (GIL), the flagship of the ANAND Group, has formed a joint venture with SK Enmove, a subsidiary of South Korea's SK Group, to enter India's lubricants and EV fluids market. The JV, named 'SK Enmove Gabriel India', will be 51% owned by SK Enmove and 49% by GIL, involving a greenfield facility and acquisition of SK Enmove's existing India operations.