Belrise Industries Expands into EV Market with Three New Manufacturing Plants.

Belrise Industries Accelerates EV Push with Three New Manufacturing Facilities

Mumbai, [Date] – In a major move to capitalize on India’s booming electric vehicle (EV) market, Belrise Industries Ltd has announced plans to establish three new manufacturing plants dedicated to EV components. The expansion includes a strategic technology partnership with a Chinese manufacturer to strengthen its position in the EV powertrain segment.

Key Highlights of Belrise’s EV Expansion

✔ Three new plants â€“ Chennai (metal components) & Pune (EV hub motors & chargers)
✔ Pune EV unit operational by Q1 FY26 â€“ Enhancing mechanical systems capabilities
✔ Chinese tech collaboration â€“ Localized, cost-effective hub motors for Indian EVs
✔ Increased content per EV two-wheeler â€“ From 10-15% to 20-25%
✔ Exploring joint ventures â€“ With leading EV component manufacturers

Strategic Technology Partnership

  • Agreement with Chinese manufacturer to fast-track EV powertrain development
  • Localized hub motor production – Optimized for Indian road conditions & pricing
  • Focus on motors, controllers & chargers – Expanding proprietary EV tech

Future Growth Roadmap

  • 17 existing plants producing 1,000+ auto components (chassis, suspensions, exhausts, etc.)
  • Supplies to 29 OEMs across India & exports to Europe/Asia (UK, Japan, Thailand)
  • Aiming to become full system provider for EVs & ICE vehicles
  • Expanding in passenger & commercial EV segments

Why This Expansion Matters

  • Strengthens India’s EV supply chain with localized component production
  • Reduces import dependence for critical EV parts like hub motors
  • Creates new jobs in Chennai & Pune’s growing EV manufacturing hubs
  • Supports India’s net-zero goals by enabling faster EV adoption

Market Impact & Industry Outlook

✅ Faster EV adoption with cost-effective, India-made components
✅ Boost to ‘Make in India’ in auto components sector
✅ Potential to attract more EV investments in Pune & Chennai

With this expansion, Belrise is positioning itself as a key player in India’s EV component ecosystem, complementing its strong presence in traditional automotive parts.

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