To fund expansion, Chinese electronics and auto companies like Xiaomi, SAIC and Haier in India tap reserves, loansSome like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...
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...
Make in India: Carrier Midea to reach out its suppliersAir-conditioner maker Carrier Midea India is reaching out to its suppliers, many of whom are owned by one of its parent – China's top white...
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...
Chinese white goods company Midea announces Rs 1350 crore new plant in PuneThe new facility near Pune, with a technology park, will have three manufacturing units for home appliances, HVAC products and compressors.
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...
Carrier Midea to produce its entire range in India; to hold on to pricesCarrier Midea India is going to manufacture its entire range of residential air-conditioners in its facility in Haryana this year.
Chinese brands Konka, TCL plan re-entry into Indian duables marketIn India, most Chinese brands have underperformed because of perception regarding product quality.
Carrier Midea to launch home appliances range in two yearsMidea's home appliances range includes refrigerators, washing machines, oven toaster griller (OTG), water heater and kitchen appliances.
Carrier Midea to double ad spend in push for Rs 1000 crore turnover in FY13AC maker Carrier Midea will double its advertising and promotion budget this year, and targeting a turnover of Rs 1,000 crore in 2013.
Carrier Midea plans to expand kitchen appliances rangeCarrier Midea India today said it is planning to expand its offering in the kitchen appliances segment by bringing Midea's products in the ...
- 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.
- Carrier, Midea to invest Rs 500 cr to expand capacity at plant
Consumer durables maker Carrier today said it will invest Rs 500 crore alongwith its joint venture partner Midea to expand its production c...
Carrier Midea India starts operation at new manufacturing plant; to target market with two brandsCarrier Midea India announced commencement of operation at its new manufacturing facility at Bawal, about 60 km near Gurgaon.
Carrier Midea India appoints DDB Mudra Delhi as creative agency for the Midea brandCarrier Midea India has appointed DDB Mudra Delhi as its creative agency for the Midea brand of appliances.
- Carrier to form JV with Midea; JV to invest Rs 500cr in India
Air-conditioner maker Carrier today said it has signed an agreement with China-based G D Midea Holding to form a joint venture.
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.