Belrise Gears Up for Four-Wheeler & CV Expansion Ahead of ₹1,150-Cr IPO Drive

Belrise Industries, a leading brand in automotive components, is changing gears into four-wheelers and commercial vehicles (CVs) as it revs up for its ₹1,150-crore IPO that opens on May 21. Traditionally strong in the two-wheeler segment, Belrise now wishes to obtain a larger share of India's fast-growing passenger and CV markets by leveraging its expertise in chassis, frames, and precision parts. The IPO proceeds will fuel the company's entry into new product lines, high-value manufacturing, and R&D, positioning Belrise as a significant supplier for local and global automakers. CEO Rahul Jain points to the strategic significance as key to long-term growth, with plans to further deepen ties with large OEMs and ride the EV wave. Industry experts see Belrise's IPO as a strategic inflection point, aligning its growth plans with India's changing mobility landscape. Source: Economic Times, Business Standard