SK Enmove has announced the establishment of a joint venture with Gabriel India Limited (GIL), a subsidiary of ANAND Group. The new joint venture, “SK Enmove Gabriel India,” will be owned 51% by SK Enmove and 49% by Gabriel India. Through this partnership, SK Enmove plans to expand its lubricant business in India, the world’s third-largest automotive market.
Starting from December 2025, immediately after the establishment of the new entity, the company will introduce a wide range of products to the Indian market, including engine oils, gear oils, industrial lubricants, and EV-specific lubricants.
Kim Wone-kee, CEO of SK Enmove (right) and Mahendra K. Goyal, President and CEO of ANAND Group (left) after signing a joint venture agreement.
SOURCE | SK ENMOVE
“With Gabriel India’s extensive distribution network, deep customer relationships and experience in the Indian market and SK Enmove’s excellent lubricant technology, we expect to quickly expand our presence in the lubricant space,” said Anjali Singh,
Executive Chairperson of Gabriel India and the ANAND Group.
“We are delighted to be partnering with SK Group, one of Korea’s largest and most respected companies. This is in keeping with our group’s philosophy, and we look forward to working together with SK Enmove to make our joint venture in India a valuable addition to our flagship, Gabriel India Limited,” stated Jaisal Singh, Vice Chairman of ANAND Group.
Kim Wone-kee, CEO of SK Enmove, added: ‘Based on this strategic cooperation with the ANAND Group, SK Enmove will leap forward as a premium brand in the Indian lubricant market.’ .