BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Gabriel India Ltd. is the market leader in the organised Indian automotive suspension segment with key products being shock absorbers, struts and front forks.
It is also among the top 10 players globally with the aspiration of breaking into the top five club in the long term.
It has a diversified presence across domestic segments with two-wheeler segment accounting for bulk of its sales at nearly 67% of revenues as of FY20.
In the two-wheeler suspension product market it commands a market share of approximately 25% with top three clients being TVS Motor Company Ltd., Yamaha and Bajaj Auto Ltd.
It is also a key supplier to two-wheeler electric vehicle players Ather Energy Pvt., Okinawa Scooters and Hero Electric, among others.
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