Gabriel India to form joint venture with South Korea’s Jinos, acquires 51% Stake in JAIPL
On July 9, Gabriel India Limited announced that it will enter a joint venture with South Korea-based Jinos Co., Ltd. by subscribing to equity shares of Jinhap Automotive India Private Limited (JAIPL). Gabriel India will invest INR 268.3 million to acquire a 51% stake in JAIPL, making it a subsidiary of the company. T