H-One India specializes in high-tensile steel components and tooling development for both two-wheelers and four-wheelers. These components are essential for enhancing vehicle safety, fuel efficiency, and overall performance by reducing weight without compromising structural integrity. The acquisition will give Belrise access to H-One India's advanced technology and its two manufacturing units in North India, improving both production capacity and logistics.

Moreover, the deal will help Belrise diversify its product offerings and expand its customer base, which includes prominent Indian and Japanese OEMs. The move comes ahead of Belrise’s Rs 21.50 billion IPO, approved by Sebi in March 2025. Advisory support for the transaction was provided by X-B4 Advisory and Desai & Diwanji.