FORVIA and ANAND Group Launch Faurecia Anand Seating India

#AutomotiveIndustry #MobilitySolutions #FORVIA #AnandGroup #GabrielIndia #MakeInIndia #JointVenture #IndianAutomotive #FutureOfMobility

“When we unveiled our IGNITE strategy earlier this year, we highlighted India as a key growth driver for FORVIA. Following the award of our first complete-seat program a few months ago, today’s agreement marks another important milestone in our development in the country. Building on our long-standing relationship with ANAND Group, the joint venture will help accelerate FORVIA Seating’s growth in India”. - Martin Fischer, CEO - FORVIA

October 2026 : FORVIA and ANAND Group have officially joined forces in a major move aimed at transforming India’s automotive seating landscape.

Through a newly signed joint venture (JV) agreement, the duo will establish Faurecia Anand Seating India Private Limited, focusing on the development and production of seat frames and complete seats. FORVIA will hold a controlling majority stake of 50% plus one share, while Gabriel India - the flagship listed company of the ANAND Group - will hold the remaining 50% minus one share.

The collaboration brings together FORVIA’s world-class seating tech and engineering prowess with ANAND Group’s deep-rooted supply chain network and customer relationships across Indian OEMs. Operating under a "local-for-local" approach, FORVIA aims to capture a 10% market share in India’s rapidly accelerating seating segment over the next five years.

This pact isn't starting from scratch - it builds on a successful 35-year partnership between the two industry leaders, which first began in 1991 within Clean Mobility.

Speaking at the signing of the Joint Venture, Mr. Jaisal Singh, Vice Chairman of ANAND Group, who spearheads the group’s M&A, said, “This partnership is a natural extension of Gabriel India’s transformation into a broader mobility solutions enterprise. As vehicle systems become more integrated and technology-intensive, the ability to participate across a wider spectrum of the automotive value chain assumes strategic importance. The venture strengthens our portfolio with a globally proven capability, while reinforcing our commitment to building scalable, technology-led businesses that create enduring value.”

Mrs. Anjali Singh, Executive Chairperson of ANAND Group and Gabriel India Limited, said: “At ANAND, we have always believed that long-term relevance is built through thoughtful partnerships, technological excellence, and a deep understanding of customer needs. This venture strengthens our longstanding partnership with FORVIA, building on complementary strengths and a shared commitment to innovation. By bringing together FORVIA’s global expertise and Gabriel India’s strong market presence, it creates a platform that is both strategically significant and future-ready.”

Commenting on the deal, Martin Fischer, Chief Executive Officer of FORVIA, said: “When we unveiled our IGNITE strategy earlier this year, we highlighted India as a key growth driver for FORVIA. Following the award of our first complete-seat program a few months ago, today’s agreement marks another important milestone in our development in the country. Building on our long-standing relationship with ANAND Group, the joint venture will help accelerate FORVIA Seating’s growth in India”.

Subject to customary regulatory approvals, the deal is expected to formally close by the end of 2026.

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