Gabriel India Ltd (GIL), the flagship company of the over $2.6 billion diversified mobility conglomerate ANAND Group, on Wednesday said it has entered into a joint venture with French global automotive technology supplier Forvia to bring advanced seating systems and technologies to the Indian automotive market.
Formally incorporated as Faurecia ANAND Seating India Pvt Ltd, the Joint Venture (JV) combines Forvia’s global leadership in seating technologies with Gabriel India’s manufacturing excellence, deep customer relationships, and strong understanding of the Indian automotive landscape.
Forvia will hold 50 per cent plus one share in the company, while Gabriel India will hold 50 per cent minus one share.
Gabriel India said this joint venture will increase its participation in a growing vehicle systems segment while strengthening its ability to serve the changing requirements of Original Equipment Manufacturers (OEMs).
The venture further sharpens Gabriel India’s focus on building future-ready capabilities through partnerships that combine global technology leadership with in-depth market understanding, creating a platform for sustainable long-term growth, the company added.
Jaisal Singh, Vice Chairman of ANAND Group, who spearheads the group’s M&A, said, “This partnership is a natural extension of Gabriel India’s transformation into a broader mobility solutions enterprise. As vehicle systems become more integrated and technology-intensive, the ability to participate across a wider spectrum of the automotive value chain assumes strategic importance”.
Anjali Singh, Executive Chairperson of ANAND Group and Gabriel India Ltd, said, “By bringing together Forvia’s global expertise and Gabriel India’s strong market presence, it creates a platform that is both strategically significant and future-ready.”
The joint venture builds on Gabriel India’s recent strategic initiatives, including its partnership with HL Klemove for Automotive Electronics and ADAS solutions, reflecting the company’s focus on expanding its capabilities across high-growth and future-ready automotive technologies.
“According to the terms of today’s agreement, the transaction is expected to close by the end of 2026, subject to customary conditions, including applicable regulatory approvals,” Gabriel India informed the exchanges on Tuesday.
It also said that the new joint venture – Faurecia Anand Seating India Pvt Ltd – will be controlled by Forvia and will focus on seat frames and complete seats.
Published on October 7, 2026
