Gabriel India has witnessed close to negligible attrition, according to a human resources consultant who declined to be named.
Automotive component manufacturer Gabriel India Ltd, incorporated in 1961, is the flagship of the Anand Group. The Pune-based company is one of India’s top three manufacturers of ride control components such as shock absorbers and counts OEMs (original equipment manufacturers) such as Maruti Suzuki India Ltd, Ashok Leyland Ltd, Tata Motors Ltd, Mahindra and Mahindra Ltd among its customers.
The company now employs close to 2,100 people across 11 plants in Maharashtra, Tamil Nadu, Madhya Pradesh, Haryana and Gujarat.
Gabriel India components are deployed in passenger vehicles, commercial vehicles, three-wheelers and two-wheelers, besides being used by Indian Railways and the Armed Forces since 1979. Two- and three-wheelers make up about 60% of revenues, while passenger and commercial vehicles contribute approximately 30% and 10%, respectively. The company earns close to 85% of its revenues from OEMs, about 13% from the aftermarket, besides exporting a minuscule share.
Components for two- and three-wheelers are manufactured at plants located at Ambad in central Maharashtra, Hosur in north-western Tamil Nadu and Parwanoo in southern Himachal Pradesh. All three plants receive technological support from Yamaha Motors Hydraulic Systems, a subsidiary of Japanese two-wheeler maker Yamaha Motor Co. Ltd.
The Parwanoo plant also manufactures parts for commercial vehicles and passenger cars. A plant at Dewas in central Madhya Pradesh caters solely to commercial vehicle firms whereas other facilities in Chakan (Maharashtra), Khandsa (Haryana) and Sanand (Gujarat) service passenger car makers, with the latter built in close proximity to Tata Motors’ plant.
For the quarter ended September 2017, Gabriel India’s net profit rose 25% to Rs26.57 crore on revenue of Rs471.7 crore, a 9.1% rise. The company has witnessed a steady single-digit revenue growth since the beginning of this decade.
Gabriel India has witnessed close to negligible attrition, according to a human resources consultant who declined to be named.
“Gabriel and the Anand Group as a whole enjoy the reputation of being good employers who are continually supportive of their people. The company is seen as a viable career option, with former employees keen to return after a few years at other organizations,” the consultant added.
Policies such as a higher education programme for operating engineers and staff, besides a leadership development programme for non-shop floor employees, has helped retain talent at Gabriel India, says Manoj Sharma, head of the firm’s human resources vertical.
“An employee’s personal development through training and mentoring supports Gabriel’s strong belief in creating an environment where talent thrives and makes a difference in organizational growth and sustainability,”added Sharma.
Source: Livemint
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