Home / Business and Economy / Haier India Sells Major Stake to Bharti & Warburg
Haier India Sells Major Stake to Bharti & Warburg
24 Dec
Summary
- Haier Smart Home divests 49% of its India unit.
- Bharti Enterprises and Warburg Pincus are the new stakeholders.
- The deal aims to boost Haier's local sourcing and manufacturing.
Chinese home appliance maker Haier Smart Home Co. has entered into an agreement to sell a 49% stake in its India unit to Bharti Enterprises Ltd. and Warburg Pincus. Haier will retain a 49% share, with the remainder held by its Indian management team. This transaction is anticipated to significantly strengthen Haier's commitment to its "Made in India, for India" strategy.
The deal is expected to deepen local sourcing, expand manufacturing capacity, and foster innovation within Haier's Indian operations. This move also aims to accelerate the company's market expansion efforts. Haier's revenue in the broader South Asia region saw a substantial increase of over 25% year-on-year in the first nine months of 2025.
Operating in India for over two decades, Haier has established industrial parks in Pune and Noida, producing a range of appliances. The partnership with an Indian conglomerate like Bharti may also assist Haier in navigating India's regulatory landscape, which often requires government approval for foreign investments.
