Gabriel India explores new frontiers with e-bikes and solar dampers, leveraging suspension expertise
Gabriel India explores new frontiers with e-bikes and solar dampers, leveraging suspension expertise
Gabriel India is exploring previously unexplored applications of e-bikes and solar dampers within its existing expertise in the suspension domain.
Manoj Kolhatkar, MD, Gabriel India, stated in an investor call that his team was in Taiwan for e-bike exploration and for engaging with some experts to help guide them, as the expertise is currently not available in India. "We have developed the product. It has come out well and is appreciated by the customers.".
Solar dampers, which are the other application being explored, are needed for the solar panel trackers.
"However, in terms of that, getting that translated into revenues for this year is difficult. We are still targeting some very minor sales this year for these two products," he added.
The efforts by Gabriel come amidst its target to be among the top 5 shock absorber manufacturers in the world by 2025. One of the key strategies it has adopted to reach its targeted aim is the use of innovative technologies; in addition to exports, domestic dominance, and mergers & acquisitions.
Gabriel India, which is the flagship company of the ANAND Group, currently boasts of having 50+ OEM customers, having served 500+ product models. It boasts of selling 2 shock absorbers per second.
RELATED ARTICLES
Gabriel India Q2 Net Profit Rises 16% to Rs 124 Crore
Higher operational revenues drive top-line expansion, while input costs and finance charges increase overall expenditure...
Gadkari Asks Maharashtra to Cut EV Charging Rate to ₹5 Per Unit
Maharashtra CM Fadnavis says state will bring in processes to lower charges, asks EKA to deploy 50,000 electric buses in...
Tata Motors Completes Initial Settlement for Iveco Group, Holds 89.42% Stake
Iveco Group becomes an indirect subsidiary of Tata Motors.



30 May 2024

Anurag Chaturvedi
Autocar Professional Bureau