Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcingIndian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, ...
19 Apr, 2026, 06.29 AM IST
China's Xiaomi posts first quarterly profit fall in three yearsXiaomi's quarterly profit saw its first drop in three years. This happened as the company faced higher costs and tougher competition. Howev...
24 Mar, 2026, 04.21 PM IST
‘If China is copying us…’: Video of fake Sujata food processors in Chinese factory goes viralA video circulating online allegedly depicts a Chinese factory producing counterfeit Sujata food processors, prompting concerns about brand...
29 Aug, 2025, 09.55 PM IST
China’s Sany Heavy is considering stake sale in India businessSany Heavy Industry Co. is contemplating selling a stake in its Indian business. The company has consulted advisors and potential investors...
24 Jan, 2025, 04.39 PM IST
China's top TV company plans to buy 26% stake in Indian contract manufacturer Epack Durable's subsidiaryHisense Group is planning to acquire up to 26% stake in Epack Durable's subsidiary for establishing a large appliance manufacturing facilit...
24 Dec, 2024, 12.47 AM IST
China’s Midea is said to make takeover approach to ElectroluxMidea made a preliminary approach in recent weeks to the white-goods manufacturer about a potential deal, said the people, who asked not to...
30 Apr, 2023, 07.18 PM IST
Uttar Pradesh government ‘puts off’ process of giving special incentives to 4 Chinese companiesFour Chinese companies — mobile phone maker Vivo, appliances maker Haier, component maker Holitech and battery maker Sunwoda — have all ann...
18 Sep, 2020, 08.13 AM IST
Delay in Chinese supplies to see 30% drop in productionMost Chinese factories had set Monday as their reopening day after an extended Chinese New Year holiday due to the deadly coronavirus outbr...
11 Feb, 2020, 09.53 AM IST
Coronavirus: Appliance makers may discuss impact on industry"We are having an industry meeting on February 6 and we may discuss this and take it forward," said CEAMA President Kamal Nandi. Nandi, who...
04 Feb, 2020, 10.31 PM IST
Midea to introduce Toshiba brand home appliances in IndiaMidea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...
05 Nov, 2018, 06.46 PM IST
Chinese company Midea to invest Rs 800 crore for Pune plant"India is a key market in our global growth strategy and will be an important manufacturing hub in future," said Midea Group Vice-President...
29 Jun, 2017, 02.21 PM IST
Brexit to push chimney maker Kutchina's Make in India plan"The global developments has turned manufacturing locally very important to protect our margins and sooner the better," Bajoria Appliances ...
24 Jun, 2016, 04.40 PM IST
- Carrier Midea to manufacture home appliances in Haryana
Carrier Midea India has started feasibility study to manufacture them in its newly constructed plant in Haryana.
21 Dec, 2012, 06.38 PM IST
Chinese home appliance maker Midea, US-based Carrier to form joint venture in IndiaChinese company Midea and US-based Carrier have agreed to set up a new JV in India, pooling their businesses and strengths in the country.
10 Jan, 2012, 03.12 PM IST
- Whirlpool, Hisense announce joint venture in China
US home appliance maker Whirlpool Corporation and Chinese conglomerate Hisense have formed a joint venture to serve the vast consumer marke...
29 Apr, 2008, 03.31 AM IST
- Goldman Sachs gets approval for stake in Chinese tool maker
China will allow Goldman Sachs to buy a share in a local tool maker after it rejected two earlier plans for the US investment bank to buy i...
13 Nov, 2007, 11.15 AM IST
- Godrej Appliances may ink deal with Japanese major
Godrej Appliances, a division of Godrej & Boyce is understood to be evaluating a foreign collaboration with a Japanese electronics major fo...
29 Sep, 2006, 03.38 AM IST