Auto component manufacturer Belrise Industries, on the cusp of its Rs. 2,150 crore initial public offering (IPO), has made a decisive move to expand its footprint in the Indian automotive market by acquiring the Indian arm of Japanese conglomerate H-One Co. This strategic acquisition enhances Belrise’s design and manufacturing capabilities in chassis systems and body-in-white (BIW) parts, while positioning it as a key supplier to both Indian and Japanese automotive original equipment manufacturers (OEMs).