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
Why India’s Field Forces Drive Bikes, Not Fleets
Auto lessors battle Cost-to-Company salary structures, regulatory red tape, and ride-hailing economics to convert an est...
Hero Motors Lists at Rs 82.10 on BSE, Closes Day One Valued at Rs 4,474 Crore
Hero Motors sees 6.66 times subscription for Rs 1,000 crore issue.
Creatara Mobility Opens Faridabad Facility with 30,000 Unit Annual Capacity
Creatara transitions to scaled production, targeting domestic and export markets with IN40 and VM4 models.


30 May 2024
Anurag Chaturvedi

Autocar Professional Bureau