S hrikant Badve is the founder and Managing Director of Belrise Industries (formerly Badve Engineering), a leading automotive component manufacturer in India. He started his entrepreneurial journey in 1988 with a small workshop and a seed capital of just INR 20,000. Through relentless focus on quality and customer relationships, he grew the company into a tier-1 supplier for major OEMs like Bajaj Auto and Honda Motorcycle & Scooter India.
Under his leadership, Belrise Industries has expanded to over 30 manufacturing facilities across India, producing chassis, exhaust systems, and plastic components. Badve is now steering the company towards the electric vehicle sector and high-tech manufacturing. His story is a classic example of Indian manufacturing entrepreneurship, rising from humble beginnings to lead a multi-billion rupee conglomerate.
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Shrikant Badve is a prominent Indian industrialist and the Managing Director of Belrise Group (formerly Badve Engineering). Born in 1965, he earned a Bachelor of Engineering from Babasaheb Ambedkar Marathwada University.
Badve’s entrepreneurial story is a classic 'rags-to-riches' tale. He began his business in 1988 with just two workers and three machines in a cramped 150-square-foot shed in Pune, funded by a small personal loan.
Shrikant Badve’s career is defined by his success in scaling industrial manufacturing. He transformed his small shed into a massive conglomerate specializing in exhaust systems, chassis, and press parts for the global automotive industry.
His structural achievement is tied to securing marquee clients like Jaguar Land Rover, Eicher, and Mahindra. In May 2025, he led the successful public listing of Belrise shares at an 11% premium, securing his place in the billionaire ranks. Today, his sons, Sumedh and Swastid, lead the company's business development and strategy.
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Starts his business in a 150-square-foot shed in Pune.
Scales into the manufacturing of exhaust systems and chassis.
Belrise Group goes public, making Badve a billionaire.
Serves as Managing Director of one of India's largest auto part suppliers.
Shrikant Badve's wealth is concentrated in his family's controlling stake in the publicly traded giant Belrise Group.
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+0.13% | +$6.85M
-0.02% | -$0.66M
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