Belrise Buys H-One India

15 Apr 2025 CW Team

In a strategic move to bolster its manufacturing strength and market position, Belrise Industries has acquired H-One India, the local arm of Japanese auto component major H-One Co. The acquisition is expected to expand Belrise’s design and production capabilities, particularly in chassis systems and body-in-white parts, key components in the automotive sector. While the transaction value remains undisclosed, the development signals Belrise’s intent to strengthen its footing in India’s growing automotive market.

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.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..