Belding India Limited, a diversified engineering and technology company focused on Battery Energy Storage Systems (BESS), Modular Data Centers, Edge Computing Infrastructure, Power Electronics, Advanced Manufacturing, and Defence Technologies, has announced the acquisition of a 100% equity stake in Evolve IT Solutions Private Limited. The transaction marks a strategic step in strengthening Belding’s capabilities in indigenous engineering while expanding its presence in India’s rapidly evolving security technology sector.
The acquisition aligns with Belding India’s long-term strategy of building a comprehensive technology platform that addresses critical national infrastructure requirements through locally designed and manufactured solutions. In addition to reinforcing the company’s existing strengths in energy storage, data infrastructure, and advanced manufacturing, the acquisition establishes a significant presence in the field of security screening and inspection technologies.
Evolve IT Solutions has developed expertise in the design, engineering, and manufacturing of advanced X-ray inspection systems and intelligent security screening solutions. Its portfolio includes baggage scanners, cargo inspection systems, vehicle scanners, under-vehicle surveillance systems, dual-view X-ray scanners, and AI-enabled imaging solutions that are deployed across airports, ports, logistics hubs, customs facilities, defence installations, metro rail networks, border security projects, industrial facilities, and other strategically important infrastructure.
Operating from its manufacturing and research facility at MIDC, Bhosari, Pune, Evolve has established end-to-end capabilities covering product development, electronics manufacturing, software engineering, system integration, testing, and after-sales support. The company’s indigenous approach to product design complements Belding India’s focus on innovation and domestic manufacturing.
With the addition of Evolve’s technologies, Belding significantly broadens its portfolio across advanced manufacturing, industrial electronics, precision engineering, artificial intelligence-enabled imaging, and mission-critical security systems. The expanded capabilities are expected to strengthen the company’s ability to address growing opportunities in homeland security, transportation, logistics, defence, and critical infrastructure, while supporting demand in both domestic and international markets.
Commenting on the acquisition, Umesh Kumar Sahay, Chairman of Belding India Limited, said, “This acquisition represents an important milestone in our growth strategy and strengthens our vision of creating a globally competitive engineering and technology enterprise. Alongside our established businesses in Battery Energy Storage Systems, Modular Data Centers, and advanced manufacturing, we are now expanding into indigenous security screening technologies that are vital for defence, logistics, transportation, and critical infrastructure. The addition of Evolve’s expertise enhances our innovation capabilities, supports import substitution, and creates new opportunities for sustainable long-term growth while contributing to the Government of India’s Make in India and Atmanirbhar Bharat initiatives.”
Evolve IT Solutions has earned a strong reputation for delivering indigenous security inspection technologies across government institutions, airports, metro rail networks, defence establishments, and other critical infrastructure projects throughout India. Its comprehensive engineering capabilities and focus on innovation have positioned the company as a trusted technology partner in the security screening industry.
For Belding India, the acquisition represents another step in expanding its engineering footprint while reinforcing its commitment to developing advanced technology solutions that enhance operational efficiency, strengthen national infrastructure, and support India’s growing emphasis on self-reliance in high-value manufacturing sectors. By integrating Evolve’s expertise into its broader technology ecosystem, the company aims to accelerate product innovation, strengthen domestic manufacturing capabilities, and deliver integrated solutions across energy, infrastructure, industrial automation, and security markets.
