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 – Chennai (metal components) & Pune (EV hub motors & chargers)
✔ Pune EV unit operational by Q1 FY26 – Enhancing mechanical systems capabilities
✔ Chinese tech collaboration – Localized, cost-effective hub motors for Indian EVs
✔ Increased content per EV two-wheeler – From 10-15% to 20-25%
✔ Exploring joint ventures – 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.