INDIA: Belrise Industries Limited, formerly known as Badve Engineering Limited, announced that its Co-Founder and Executive Director, Supriya S. Badve, has been honored with the Influential Leaders of India 2023 award. The award recognizes leaders who are at the forefront of change and innovation. Mrs. Badve expressed her gratitude for the recognition and emphasized the need for Indian entrepreneurs to seize the moment and contribute to the Make in India movement. She hopes that such awards will inspire more women entrepreneurs to join the industry.
Supriya S. Badve, Executive Director, Belrise Industries Ltd., said, “I am happy to be honored with the Influential Leaders of India 2023 award. India’s time of being recognized at a global level has come and Indian entrepreneurs have to seize the moment now. I am confident that such awards will also inspire a new set of women entrepreneurs who will add to and enhance the Make in India movement. Such awards provide an opportunity to communicate the uniqueness of our business model, our MOAT, and our right to win.” She added, “The focus of Influential Leaders is sharply aligned with the needs of a dynamic reality, and they are deftly reshaping organizations and serving communities to match an all-new strategic vision empowering India from Vision to Action. India needs many more entrepreneurs to emerge and cater to the domestic and international markets.”
Mrs. Badve is a multi-faceted business professional with a background in physics and expertise in business planning, quality management systems, and human resources. She has received three JIPM Awards on behalf of Belrise Industries Limited and has been interviewed on DD Sahyadri for women entrepreneurship. She is also the recipient of the Rotary Vocational Award and the Charter President of Rotary E-Club Of E-Diamond.
Apart from her role in Belrise Industries Limited, Mrs. Badve has other passions and business interests, including Sportsindi, a social platform for sports enthusiasts, and Xara Flowers, a floriculture business. She completed a formal certificate course in floriculture development from Horticulture Training Center, Pune, and established her flourishing floriculture unit, Xaraflowers, an associate company of Belrise Industries Limited.
Belrise Industries Limited is a leading Tier 1 manufacturer and supplier of original automotive equipment for 2-wheeler, 3-wheeler, and 4-wheeler commercial vehicles. The company specializes in automotive systems for safety-critical parts such as chassis and BIW, polymer parts, suspensions, exhaust systems, and various other products, including steel castings for two-wheelers, passenger cars, and commercial vehicles into ICE as well as EV powertrains. The company has 21 manufacturing facilities spread across 7 states in India and employs over 15,000 personnel.
The company’s Managing Director, Shrikant Badve, started his entrepreneurial journey in 1988 with a capital influx of INR 20,000 and a single shed as an automotive fastener manufacturer in India. Today, Belrise Industries Limited is a market leader in the automotive sheet metal and polymer products, with “one-in-three” domestic two-wheelers being equipped with a Belrise manufactured frame assembly. The company has taken a magnificent leap in global and domestic expansion by establishing efficient supply chains, correspondingly enlarging its customer base, which resulted in INR 5,433 Crores of annual turnover on a standalone basis as of 2023.
Belrise Industries Limited’s strong fundamentals coupled with passion for innovative engineering have enabled the company’s growth potential at 16.4% CAGR, beating the ACMA (Automotive Component Manufacturers Association of India) Index of 12% over the last four financial years. The value that Belrise Industries Limited has created within the automotive space is a testimony to customer centricity and excellence, resulting in several awards and recognitions from customers and government agencies.
