Business
04 Aug, 2026
Belrise Industries acquires Hyva India’s tipper body biz for USD 5.65 mn
Business To Business, Mumbai, 04 August, 2026: Belrise Industries on Tuesday announced the acquisition of the tipper body business of Hyva India for approximately USD 5.65 million.
The company said the acquisition is a strategic move to strengthen its position as a tier-0.5 supplier—an advanced manufacturing partner—to the commercial vehicle industry.
Key highlights of the acquisition
- Deal value: Approximately USD 5.65 million.
- Business acquired: Hyva India's tipper body business.
- Strategic objective: Expand Belrise's capabilities and strengthen its role in the commercial vehicle ecosystem.
The acquisition is expected to:
- Add a major European commercial vehicle original equipment manufacturer (OEM) to Belrise's customer portfolio.
- Strengthen the company's domestic manufacturing footprint through three facilities located in:
- Pune
- Jamshedpur
- Bengaluru
According to Belrise Industries, the deal will enhance its manufacturing capabilities, diversify its customer base, and reinforce its presence in both domestic and international commercial vehicle markets.