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HAIER APPLIANCES INDIA
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...- China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
- Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...
- Retailers face AC shortage as heatwave boosts demandIntense heatwaves have driven a sharp rise in air-conditioner sales. This surge, following lower production in March, has created significa...
- 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, ...
- Coming soon: Price hike round 3 in four months for durablesConsumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....
- China clears Haier to dilute stake in India arm; Bharti–Warburg set to buy 49%: SourcesChinese government has reportedly approved Haier's sale of a 49% stake in its Indian arm, Haier Appliances India, to the Bharti Enterprises...
- Haier unveils new AI-led Gravity AC lineup, priced from Rs 49,990Haier India has introduced its new Gravity AI Series air conditioners. These premium units feature AI-driven climate personalisation and pr...
- Haier seeks Rs 1,000 cr capital boost; files Press Note 3 for India expansionHaier Appliances India seeks Rs 1,000 crore capital infusion from its parent company, potentially for a third manufacturing plant in South ...
- Haier expects up to 30% growth in festive season post GST cut, to up India investments: NS SatishHaier Appliances India anticipates significant growth this festive season. The company projects a 25 to 30 percent increase in sales. This ...
- Haier aims for $2 billion sales in India in next 3-4 years, to invest Rs 1,000 cr in manufacturingHaier Appliances India aims to achieve USD 2 billion in sales within the next 3-4 years, driven by product category expansion and channel g...
- Haier set to cross a billion revenue mark in 2024, aims Rs 11,500 cr next yearHaier Appliances India anticipates crossing $1 billion in revenue in 2024, supported by robust demand and premiumisation trends. The compan...
- China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investmentChinese appliance giant Haier Group has submitted a proposal to the Indian government to form a joint venture with India's JSW Group. The p...
- Haier aims to become second-largest appliances maker in India; expanding portfolio and capacityHaier aims to become the second largest player in the fast-growing Indian market. It is investing in manufacturing, expanding its product p...
- Haier India president Eric Braganza to retire from January 1In the release, the company said Braganza’s management prowess proved instrumental during Haier's expansion in India, playing a pivotal rol...
- Haier makes a Rs 775 crore bet on Indian armThe infusion came after the local subsidiary, Haier Appliances India, more than doubled its authorised share capital to Rs 4,000 crore from...
- Haier announces ground-breaking ceremony for its 2nd industrial park in IndiaWith this investment, Haier India aims to scale up the production capacity of refrigerators, washing machines, air conditioners, LED TVs an...
- Voltas sues Haier India for ‘disparaging’ its adThe lawsuit, filed in the Delhi High Court, also names Haier’s advertisement agency, Mumbaibased ZeroZero Creative Solutions and its partne...
- Haier to start making AC, washing machines in IndiaHaier today said it will start manufacturing air conditioners and washing machines in India as it looks to expand product basket and clock ...
- Haier plans to strengthen presence here through buysThe $16.2 billion group plans to acquire more companies in India to increase its share of the country’s consumer electronics market from th...
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