Badve Engineering Ltd rebrands as Belrise Industries Ltd

On this occasion Dr. Bhagwat Karad, Hon. Minister of the state for finance Government of India said, “I have personally known Mr. Shrikant Badve since the inception of his company. I have seen his struggles and the hard work he has done over the years to establish this company as an industry leader. His life story is really inspiring and can provide a positive note for all upcoming entrepreneurs. With the new brand and name, I am sure Belrise industries ltd will achieve more success in the future.”

“The name ‘BELRISE’ is a coined word, bringing together the strength of our legacy and our dream for the future. ‘BEL’ is an ode to the past, standing for Badve Engineering Limited (BEL), and ‘RISE’ cues growth for all stakeholders and our collective promise to rise to the challenges of the future.”

“Our brand line ‘Engineering futures’ captures the spirit of our brand wherein we would be playing a pivotal role in building products encompassing the latest cutting edge technologies, especially in the e-mobility segment. We are excited to continue providing our customers with the highest quality products and services while also expanding our portfolio to include new and innovative technologies,” said Mrs. Supriya Badve, Executive Director of the company.

About Belrise Industries

Belrise Group (erstwhile known as Badve Engineering Limited) is a leading Tier-1 Automotive system manufacturer. Belrise has a manufacturing footprint across India with 32 manufacturing facilities across 7 states, a workforce of over 15,000 people, and consolidated group revenues of INR 5,000 Cr (US$700 Mn). The company was founded by Mr. Shrikant Badve, a first-generation entrepreneur with a seed capital of just INR 20,000 (US$ 250) in 1988.

Belrise specializes in the automotive system and component manufacturing for the 2-wheeler, 3-wheeler,  4-wheeler passenger, and commercial vehicle segments. The company’s diverse product portfolio includes metal fabrication, polymer processing, foundry, mirror, and suspension systems, amongst others. With the evolution of EVs, Badve group is geared to offer products for the entire product ecosystem in the EV value chain.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.