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HAIER INVESTMENT IN INDIA
A German and a Chinese walk into a hot Indian corporate battlegroundIndia's consumer durables market is heating up as global giants like Bosch enter the mass segment and tech firm Xiaomi expands into large a...- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- Chinese production continues despite tech transfer curbsChinese electronics companies are pushing ahead with their India expansion. Brands like Hisense, Haier, and Oppo are increasing local manuf...
- 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...
- Bharti Enterprises-Warburg to plug into Haier’s India armBharti Enterprises and Warburg Pincus are acquiring a significant stake in Haier India. This partnership aims to boost Haier's competitiven...
- 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 aims to touch $2 bn revenue by 2027-end, to invest Rs 3,500 cr in 3-4 yrsHaier India is set to invest Rs 3,500 crore in the coming years. This expansion aims to boost capacity and achieve USD 2 billion in sales w...
- 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 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 announces fresh manufacturing investment of Rs 800 crore in India to expand its AC production capacityHaier is investing Rs 800 crore in India to expand its air-conditioner production and start PCB manufacturing. The new AC plant will increa...
- 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...
- China’s Haier seeks Indian partner to navigate bureaucratic challenges, offers up to 49% stakeHaier is seeking an Indian partner to sidestep regulatory hurdles, possibly diluting up to 49%. With Citi's guidance, the third-largest app...
- 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 plans ₹1,000 crore expansion push: Haier India president Satish NSThis includes ₹400 crore currently lined up to set up a plant for injection molding and sheet metal, which are major input materials used i...
- Haier aims for 33% growth in turnover this year, investing Rs 1,500 cr by 2025Haier India aims to grow its turnover by 33% to reach Rs 8,000 crore in 2023 by expanding its product portfolio, sales network and premiumi...
- Inside Haier's plans to shed reticence and get aggressive in IndiaHaier disrupted the Indian refrigerator market with a bottom-mounted unit, and hasn't looked back since.
- 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...
- Haier expands Pune plant's capacity to lower importsHaier, which today inaugurated additional capacity at its plant in Pune built with an investment of Rs 600 crore, will manufacture washing ...
- Haier to invest over Rs 100 cr in Pune manufacturing unitHaier India announced an additional investment of over Rs 100 crore for its Pune-based manufacturing facility, taking the total to Rs 465 c...
- Haier plans to set up new plant in north India; south on radarAfter completing its ongoing $20 million (around Rs 120 crore) expansion at the Pune plant by May 2015, Haier would start work on the propo...
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