Mission Statement, Vision, & Core Values (2025) of Gabriel India Limited.

An Overview of Gabriel India Limited

General Overview of Gabriel India Limited

Gabriel India Limited, established in 1961, has positioned itself as a major player in the automotive components sector. The company specializes in manufacturing shock absorbers, struts, and other suspension products catering to both domestic and international markets.

As of 2024, Gabriel India operates with a diverse portfolio, supplying various automotive OEMs (Original Equipment Manufacturers) and aftermarket customers. The product lineup includes:

• Shock Absorbers
• Struts
• Suspension Components
• Spring Assemblies

In terms of sales, Gabriel India Limited reported a revenue of approximately ₹2,300 crore in FY 2023-2024, showcasing solid growth and resilience in a dynamic market landscape.

Company's Financial Performance in Latest Financial Reports

Gabriel India Limited has showcased impressive financial performance in its latest reporting period. The company registered a record-breaking revenue growth of 15% year-on-year, primarily driven by an uptick in main product sales, particularly in shock absorbers and suspension systems.

In FY 2023-2024, the company's revenue from shock absorber sales alone reached approximately ₹1,200 crore, accounting for over 52% of total sales. The gross profit margin stood at 30%, reflecting efficient cost management and increased operational efficiencies.

Furthermore, Gabriel India has expanded its market presence, establishing new partnerships and thereby increasing its footprint across various segments:

• Domestic Market Growth: 18% increase in sales
• Export Revenue: Contributed 20% to total revenue
• Research and Development Investment: ₹50 crore allocated for innovation

Introduction to Gabriel India as a Leading Company in the Industry

Gabriel India Limited stands out as a leader in the automotive components industry, characterized by its commitment to quality, innovation, and customer satisfaction. Its ability to adapt to changing market dynamics, coupled with a rich history of over six decades, has solidified its reputation as a reliable supplier in the automotive sector.

With a robust distribution network and a customer-centric approach, Gabriel India continues to leverage its strengths, aligning with industry trends such as the shift towards electric vehicles and enhanced vehicle safety measures. As a market leader, Gabriel India Limited is well-positioned to further its growth trajectory, maintaining its competitive edge in the industry.

To understand more about Gabriel India's successes and strategies, further data and insights can be explored below.

Mission Statement of Gabriel India Limited

Mission Statement of Gabriel India Limited

Gabriel India Limited's mission statement is a guiding beacon that outlines its purpose and long-term objectives. The mission not only illustrates the company’s dedication to quality and innovation but also serves as a framework for decision-making in all operational aspects. As a prominent player in the automotive component sector, Gabriel's mission emphasizes customer satisfaction, technological advancement, and sustainable development.

Core Component 1: Customer Centricity

Customer centricity is a fundamental pillar of Gabriel's mission statement. The company strives to understand and meet the evolving needs of its customers, ensuring high satisfaction levels. In the fiscal year 2022-2023, Gabriel reported a 15% increase in customer satisfaction ratings, reflecting its commitment to delivering tailored solutions and high-quality products.

To support its customer-centric mission, Gabriel invests significantly in research and development. In 2023, R&D expenditures reached approximately INR 75 million, focusing on innovative suspension systems and enhancing product reliability. This investment highlights Gabriel's dedication to offering cutting-edge solutions that elevate customer experience.

Core Component 2: Technological Excellence

Technological excellence represents another core aspect of Gabriel's mission statement. The company is committed to integrating advanced technologies into its manufacturing processes to improve efficiency and product quality. In 2023, Gabriel implemented Industry 4.0 practices, which resulted in a 20% reduction in production downtime and a 25% increase in overall operational efficiency.

The focus on technological advancements is evident from its partnership with various tech firms and academic institutions. Gabriel has allocated around INR 50 million for collaborations aimed at developing next-generation automotive components, ensuring it stays at the forefront of innovation.

Core Component 3: Sustainable Practices

Gabriel India Limited places a strong emphasis on sustainability as part of its mission. The company is committed to minimizing its environmental footprint through eco-friendly practices. In the fiscal year 2023, Gabriel achieved a 30% reduction in carbon emissions compared to 2020 levels, demonstrating its dedication to sustainable manufacturing.

The company has invested approximately INR 100 million in green initiatives, such as waste management systems and renewable energy sources, enhancing its operational sustainability. Furthermore, Gabriel aims to achieve a carbon neutrality target by 2025, aligning with global environmental goals.

Vision Statement of Gabriel India Limited

Vision Statement Overview

The vision statement of Gabriel India Limited as of 2024 emphasizes its commitment to becoming a leading global player in the automotive component sector. The company aims to achieve sustainable growth through innovation and customer satisfaction, focusing on the manufacturing of high-quality products. This vision aligns with its strategic goals and market positioning.

Commitment to Innovation

Gabriel India Limited underscores the importance of innovation in its vision. The company invested approximately INR 120 crore in research and development (R&D) in the fiscal year 2022-2023. This investment reflects a strong focus on developing new technologies to enhance product performance and meet evolving customer needs.

Customer-Centric Approach

The company's vision highlights its dedication to customer satisfaction. Gabriel India Limited aims to achieve a customer satisfaction score of over 90% based on feedback and surveys. In 2023, the company reported a customer retention rate of 85%, demonstrating its commitment to maintaining robust relationships with clients.

Sustainable Practices

Sustainability is a core component of Gabriel’s vision. The company has set ambitious targets to reduce carbon emissions by 30% by 2030. In 2023, it achieved a reduction of 15% in carbon footprint compared to the previous year, emphasizing its dedication to environmental stewardship.

Global Expansion Strategy

In line with its vision, Gabriel India Limited seeks to expand its global footprint. In fiscal year 2023, the company generated approximately 25% of its revenue from international markets, aiming to increase this figure to 40% by 2025. The company's strategy includes entering new markets in Europe and North America.

Employee Engagement and Development

Gabriel India Limited recognizes the importance of a skilled workforce in achieving its vision. The company has committed to providing continuous training and development programs for its employees, with a target to increase employee training hours by 20% in 2024. In the previous year, 70% of employees participated in such programs.

Community Engagement

A crucial aspect of Gabriel's vision is its commitment to social responsibility. The company plans to invest INR 10 crore in community development projects focusing on education and healthcare in 2024. In 2023, it positively impacted over 5,000 individuals through various initiatives.

Conclusion

The vision statement of Gabriel India Limited as of 2024 serves as a guiding framework that encompasses innovation, customer satisfaction, sustainability, global expansion, employee development, and community engagement.

Core Values of Gabriel India Limited

Integrity

Integrity is a foundational core value at Gabriel India Limited, reflecting honesty and transparency in all business dealings. The company prioritizes ethical practices and adheres to rigorous compliance standards, ensuring that stakeholders can trust their operations.

For instance, in 2023, Gabriel India achieved compliance with the ISO 9001:2015 certification, demonstrating a commitment to quality management systems. Furthermore, the company reported a 98% adherence rate to its ethical policies, showcased through regular audits and employee training programs.

Innovation

Innovation at Gabriel India Limited involves continuously improving products and processes to meet evolving market demands. The company invests significantly in research and development to foster creativity and technological advancement.

In 2022, the R&D expenditure was approximately ₹60 crore, which contributed to the launch of three new automotive components. Additionally, Gabriel India has partnered with leading universities for collaborative projects, resulting in a 15% increase in patent filings in 2023.

Customer Focus

Customer focus is critical to Gabriel India's success, emphasizing the need to understand and meet customer expectations. The company implements feedback mechanisms to continuously improve its services and products.

In 2023, Gabriel India conducted over 5,000 customer surveys, leading to enhanced service delivery and product modifications. The result was a 20% increase in customer satisfaction scores, as measured by independent market research firms.

Sustainability

Sustainability is a key value for Gabriel India, emphasizing environmental responsibility and resource management. The company actively engages in reducing its carbon footprint through various initiatives.

In 2023, Gabriel India reported a 30% reduction in greenhouse gas emissions compared to 2020 levels. Additionally, the utilization of renewable energy sources in manufacturing reached 40%, substantially contributing to the company's sustainability goals.

Teamwork

Teamwork at Gabriel India reflects the essence of collaboration across departments and hierarchical levels to achieve common objectives. The company fosters an inclusive culture that values diverse perspectives.

The 2023 employee engagement survey indicated that 85% of employees feel valued as part of a team. Gabriel India organized over 20 team-building events throughout the year to enhance collaboration, resulting in a 15% improvement in overall team productivity metrics.

Excellence

Excellence drives Gabriel India to achieve the highest standards in its operations. This value is evident in the company’s commitment to continuous improvement and benchmarking against industry best practices.

In the 2023 financial year, Gabriel India achieved a revenue growth of 12%, outperforming the automotive components industry average of 8%. Additionally, the company has committed to maintaining a 95% on-time delivery rate as part of its operational excellence initiatives.