- CEO
- Shrikant Shankar Badve
- Full Time Employees
- 2,181
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Cello Platina Pune MA India 411005
- IPO Date
- May 28, 2025
- Business
- Belrise Industries Ltd is a leading Indian automotive component manufacturer specializing in Tier-1 OEM manufacturing with a product portfolio encompassing automotive sheet metal and casting parts; polymer components; suspension systems including shock absorbers, springs, front forks; mirror systems including outer and inner rearview mirrors; metal chassis systems; body-in-white components; exhaust systems; battery containers; and electric vehicle powertrain components. The company's manufacturing capabilities extend through 15+ facilities across seven Indian states, serving prominent domestic and global OEMs such as Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, Tata Motors, and Mahindra, with exports reaching key markets including the United States, Japan, the United Kingdom, and China. Founded in 1988 and headquartered in India, Belrise has evolved from manufacturing automotive fasteners to a diversified multi-vertical organization with expertise in metal and polymer processing, surface treatments, suspension systems, and home appliances.
Recent major developments include the commencement of production at a new facility in Bhiwadi dedicated to a Japanese four-wheeler OEM, securing multiple new orders including a key electric vehicle platform win from a leading two-wheeler OEM, and new suspension orders from fast-growing two- and three-wheeler manufacturers. The company has also diversified into renewable energy by supplying solar structures to a global solar tracker player and has strengthened its defense segment with incremental orders for armored vehicle programs from a leading Indian defense OEM. Financially, Belrise reported a 17% increase in manufacturing revenue in Q2 FY26, substantial debt repayment using IPO proceeds, and improved profitability margins, confirming its strategic focus on innovation, system integration, and expanding its footprint in electric mobility and premium vehicle components.
Belrise Industries targets automotive and white goods industries, focusing on safety-critical systems and engineering solutions for two-wheelers, three-wheelers, four-wheelers including passenger and commercial vehicles, and agricultural vehicles. The company’s growth is supported by technological advancements such as cathodic electro-deposition plating and IoT-enabled real-time production monitoring. Its operations emphasize backward integration in tooling, tube bending, and press operations as well as forward integration in system assembly and coating processes. With a workforce exceeding 15,000 employees, Belrise continues to expand its product offerings and market reach, aiming to penetrate higher value segments and sustain leadership in India’s automotive component sector.