Belrise Industries acquires Hyva India’s tipper body biz for USD 5.65 mn
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.

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