Anand Group

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ANAND Group
IndustryAutomotive[1]
Founded1961
Founder(s)Deep C Anand
Headquarters
1, Sri Aurobindo Marg, Hauz Khas, New Delhi, India
Key people
[2]

ANAND Group is an Automotive Industry company, with headquarters in Delhi, India.[3] It manufactures as well as supplies automotive systems and components.[4]

Overview[edit]

ANAND Group was founded by Deep C Anand, and named after the founder. The company manufactures automotive components.[3] The company is responsible for introducing different kinds of automotive equipments into the Indian market.[4] Mrs. Anjali Anand Singh is the Chairperson OF ANAND Group India and Gabriel India Limited (The Flagship Company).[5]

The Evolution[edit]

The history of ANAND dates back to 1961, when Mr Deep C Anand, Founder of ANAND and Chairman of the Deep C Anand Foundation, as an enterprising young man of 27 years, set up his first business venture – Gabriel India. The flagship company of the Group, Gabriel was set up in collaboration with Maremont Corporation (now Gabriel Ride Control Products of ArvinMeritor Inc.), USA for manufacture of shock absorbers at Mulund in Mumbai.[3][5]

History[edit]

2005 – Mahle swaps with Anand Group to form automotive filter conglomerate[6]

2009 – Takata Corporation has engaged with ANAND Group to produce the Safety systems.[7][8][9]

2012 – ANAND Automotive has also invested in non-automotive businesses such as high-end hospitality. It is planning to buy new properties to expand its Sujan "6-star" facilities.[10]

Auto Expo 2014

2013 – ANAND Automotive has decided to invest ₹1,200 crores over the next five years on new product development.[11]

Gabriel[clarification needed]

2014 – January – ANAND Group with 47 facilities manufacturing various types of auto components garnered a total sales turnover of ₹5800 crore last fiscal. The company expects to clock a turnover of ₹10,000 crores by 2017 with an investment of ₹1200 crores, said, Sandeep Balooja, President, Business Development, ANAND Group.[12]

2015 – March – Auto component suppliers Anand India and Federal-Mogul Powertrain have entered into an agreement to convert the sealing and piston ring businesses of Anand into joint venture (JV) operations.[13]

2016 – February – ANAND Group participated in the Auto Expo Components Show this year with Make in India [14] theme comprising all 19 group companies[15]

The ANAND Group and Far-UK collaboration will focus on bringing out innovative solutions[buzzword] suited for reducing emissions. The product has the potential for Light Weighting in vehicles by almost 50%, with strength matching that of high strength alloy steel at the weight of aluminium. ANAND Group estimates a potential revenue forecast of around INR 600 Crore by 2025. The collaboration has the potential to positively impact vehicles used in last-mile connectivity, intracity transportation of people and goods across segments of two, three and four-wheelers for a variety of applications.[16]

The ANAND Group has participated the Auto Expo Components Show in New Delhi, where it has displayed a varied range of products from its companies including MAHLE ANAND Filter Systems, MAHLE ANAND Thermal Systems, Gabriel India, CY Myutec ANAND, Haldex India, Spicer India and Joyson ANAND Abhishek Safety Systems.

References[edit]

  1. ↑ "ANAND Group aims to delight customers". Archived from the original on 17 September 2013. Retrieved 17 September 2013.
  2. ↑ ROUDRA BHATTACHARYA. "Gabriel India eyes overseas acquisitions". Retrieved 17 September 2013.
  3. ↑ 3.0 3.1 3.2 "ANAND group official website". Retrieved 17 September 2013.
  4. ↑ 4.0 4.1 "Auto parts company ANAND Group and its rare business model of JVs". The Times Of India. 13 May 2012. Retrieved 17 September 2013.
  5. ↑ 5.0 5.1 "The Flagship Company, Gabriel India Pvt Ltd". The Economic Times. 29 September 2014. Retrieved 17 December 2014.
  6. ↑ "INDIA: Mahle swaps with Anand Group to form automotive filter conglomerate". www.just-auto.com. 6 December 2005.
  7. ↑ "Takata in pact with ANAND Automotive System". Retrieved 17 September 2013.
  8. ↑ "Takata JV with ANAND Automotive". Retrieved 17 September 2013.
  9. ↑ "Takata in JV pact with ANAND Automotive". The Times Of India. 5 January 2009. Retrieved 17 September 2013.
  10. ↑ "ANAND Automotive has invested in Non-Automotive Businesses". The Times Of India. 13 May 2012. Retrieved 25 September 2013.
  11. ↑ "ANAND Automotive to invest Rs 1,200 crore in the next 5 years". The Times Of India. 5 September 2013. Retrieved 22 September 2013.
  12. ↑ "ANAND Group acts to emerge unscathed". The Times Of India. Retrieved 28 January 2014.
  13. ↑ "Anand Group, Federal-Mogul announce formation of two new JVs". The Economic Times. Retrieved 21 September 2015.
  14. ↑ "Home – Make In India". www.makeinindia.com.
  15. ↑ www.ETAuto.com. "The Auto Expo: Components Show was all about innovation and creativity – 30 years of celebration – ET Auto". ETAuto.com.
  16. ↑ "Anand Group partners with Far-UK for development of Carbon Fibre Composites: A first in India". www.financialexpress.com.



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