On November 11, Gabrial India, the flagship company of the Anand Group, announced that during the second quarter that ended on October 30, 2022, it marginally improved mainly on its share of business from Maruti Suzuki and the Toyota platform which includes the Grand Vitara, Brezza and the Toyota Hyryder. Further, they are generating volumes from the upcoming YWD i.e., Jinmy, and Y0M i.e., the new Alto in the pipeline.
Further, It also updated that they have already got the business from Volkswagen and Skoda for all the new vehicles which include the Slavia, Virtus, Kushaq, and Taigun. The company mentioned that they are gaining more and more models from Maruti Suzuki and also won orders from a model from Tata Motors and a confirmation for another one. Further, their talks with Volkswagen are under development.
Based on Gabriel India Limited Q2 FY ‘23 Earnings Conference Call