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Hind Rectifiers has snapped up BeLink Solutions, a France-based robotics and EMS R&D company, for €1 million in cash. The deal sent Hind Rectifiers’ stock to the 5% upper circuit.
Hind Rectifiers, known for its power electronics and railway equipment, has been eyeing global expansion. BeLink brings in sophisticated robotics R&D and production infrastructure, including six fully automated lines and advanced testing gear.
The deets: in the new French subsidiary, Hind Rectifiers will hold 66% equity, while the promoter group will keep 34%. BeLink is expected to post €13M revenue in 2025 with another €10M in pending orders for 2026, adding clear revenue visibility.
Why it matters: this deal gives Hind Rectifiers a strategic launchpad into global markets. By acquiring BeLink, the company now gets access to robotics R&D, six automated production lines, and advanced testing gear that would have taken years (and a lot more money) to build from scratch.
Pairing that with Hind Rectifiers’ existing strength in power electronics and railway equipment means it can now design and manufacture more advanced products, faster.
Zoom out: India’s robotics and electronics manufacturing services (EMS) market is at an inflection point. The Indian EMS market is already worth over $20 billion and is projected to triple by 2030 as companies shift supply chains out of China.
