Gabriel India is looking at completely untapped uses for e-bikes and solar dampers within their existing suspension knowledge.
Manoj Kolhatkar, MD of Gabriel India, revealed in an investor call that his team was in Taiwan for e-bike investigation and to meet with certain professionals to assist guide them, as such knowledge is currently unavailable in India. “We created the product. It turned out great and has received positive feedback from clients.
Solar dampers, the other use being investigated, are required for solar panel trackers.
“However, in terms of that, getting that translated into revenues for this year is difficult. We are still targeting some very minor sales this year for these two products,” he added.
The efforts by Gabriel come amidst its target to be among the top 5 shock absorber manufacturers in the world by 2025. One of the key strategies it has adopted to reach its targeted aim is the use of innovative technologies; in addition to exports, domestic dominance, and mergers & acquisitions.
Gabriel India, which is the flagship company of the ANAND Group, currently boasts of having 50+ OEM customers, having served 500+ product models. It boasts of selling 2 shock absorbers per second.
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