INVC NEWS Mumbai – The Auto parts manufacturer Belrise Industries is gearing up for a strategic expansion into the four-wheeler and passenger vehicle market as it prepares to launch its ₹2,150 crore IPO on May 21. Known for its strong presence in the two-wheeler segment, the company is now setting sights on capturing a larger share of India’s broader automotive industry.
Belrise currently commands a 24% market share in metal components for two-wheelers and counts major OEMs such as Bajaj Auto, Hero MotoCorp, and Honda among its clients. With this solid foundation, the company is now pivoting toward growth in underrepresented areas like four-wheelers and commercial vehicles. The move includes a deeper integration with OEMs and an expanded product lineup tailored to evolving market needs.
To support this shift, Belrise plans to establish three new manufacturing facilities in Chennai (Tamil Nadu), Pune (Maharashtra), and Bhiwadi (Rajasthan). The Chennai plant will serve as the company’s central hub, supplying a wide range of parts to OEMs such as Royal Enfield and Ashok Leyland, along with two-wheeler makers, EV startups, and commercial vehicle manufacturers.
Electric mobility is also a key pillar of Belrise’s roadmap. While its product lines are powertrain-agnostic—compatible with both internal combustion and electric vehicles—the company is especially bullish on opportunities in the CNG segment, particularly within the commercial vehicle and small car markets.
Belrise’s aggressive pre-IPO expansion reflects its ambition to become a top-tier, end-to-end supplier across all vehicle categories, positioning itself as a future-ready leader in the rapidly evolving automotive landscape.