Comments
Gabriel India, a part of the Rs 5,800-crore automobile components manufacturing Anand Group, has set up a two-wheeler R&D facility in Hosur.
The company informed the NSE that the unit was inaugurated on Wednesday to cater to the two-wheeler business segment which contributes over 50 per cent of Gabriel’s revenue. The R&D centrewill work with OEMs in product development.
The facility is equipped to develop any type of two-wheeler suspension products. The release quoting Deepak Chopra, CEO, Anand, and Chairman Gabriel, said despite the slow down in the automobile sector, the group is committed to its investment plans that will strengthen its operations in the long run.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.