Auto component maker Gabriel India, a unit of Anand Group, on 9 May, 2023 inked a technical collaboration with Netherlands-based Inalfa Roof Systems to manufacture sunroofs for passenger vehicles (PVs) with an investment of around Rs 180 crore.

The newly-formed Inalfa Gabriel Sunroof Systems (IGSS), a wholly-owned subsidiary of Gabriel India, will manufacture sunroofs at a new plant in Chennai with operations set to commence in Q1/2024.

IGSS will be later converted into a joint venture (JV) with Inalfa holding 51 per cent shareholding. IGSS will have an installed production capacity of two-lakh units in the first phase with first line catering to Hyundai and Kia, and thus serve original equipment manufacturer (OEM) customers with a domestic and resilient supply chain for sunroofs.

The move also expands Gabriel’s product range, which will create over 250 direct and indirect jobs in India, and the new venture is expected to generate a revenue of around Rs 1,000 crore by 2030. Gabriel India, the listed entity of the group, leads in the manufacture of vehicle suspension systems in the domestic market.