Srikanth badway
Srikanth Badway, founder and managing director of Bellarize Industries, has recently confirmed his place in the Club of India’s billionaires. His company shares have now reached a record level of Rs 164.60, which in May is about 82% more than the company’s initial price of Rs 90.
He has about 59.56% stake in Srikanth Budway’s company, ie about 53 crore shares, whose total price is now Rs 8,623 crore. This has increased their wealth even more, which includes them in the list of richest entrepreneurs in the country.
Large from small start
Srikanth Badway started the Bellarize Group in 1988 with only three employees. Today this company has become one of the largest automotive Palpaza manufacturer groups in India. He has more than 17 factory units across the country, where more than 8,000 people work. The company’s annual turnover has reached above Rs 7,000 crore. Bellarize makes two -wheelers, three -wheelers, charpahiya, Commerce vehicles and automotive parts for domestic use. The special thing is that the metal component of two -wheelers is 24% of the belarigs in the market, making this company in the top three in the country.
Srikanth Badway influence in industry
Srikanth Badway is not only a successful businessman, but he is also a member of the Economic Advisory Council of the Government of Maharashtra. Apart from this, he is also a brand ambassador of initiatives like Magnetic Maharashtra and Make in India, where he has promoted the economic development plans of the state and the country in association with well -known personalities like Sachin Tendulkar, Madhuri Dixit and Shankar Mahadevan.
How did this success become?
The success story of Srikanth Badway is a journey from a small beginning to the big industry. He focused on the quality of his products with constant hard work and technology. Along with this, he understood the growing trend of electric vehicles and fit his products in it too. This is the reason why the share price of the company has increased rapidly.