Chinese companies like Midea, Haier, Xiaomi, Lenovo, and BYD are seeing strong revenue growth in India. Consumers prefer their products bec...

Some like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...

Asian stocks were steady early Tuesday following a mixed session on Wall Street. Traders are betting on a half-point rate cut from the Fede...

Midea made a preliminary approach in recent weeks to the white-goods manufacturer about a potential deal, said the people, who asked not to...

The regulators have given 'window guidance', or verbal orders that leave no paper trail, to the banks, setting a date of Dec. 10 by which t...

One of the senior leaders at a smartphone company, who did not wish to be named, said there is pent up demand for phones because people are...

A top three smartphone maker has asked all Chinese employees and their families, including Indians married to Chinese, to be extremely care...

Air-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...

Investments in excess of Rs 6,500 cr in the white goods sector have already been lined up for next 2 years.

Midea Technology Park will have three manufacturing units for home appliances, HVAC products and compressors, and will also include a manuf...

The new facility near Pune, with a technology park, will have three manufacturing units for home appliances, HVAC products and compressors.

"India is a key market in our global growth strategy and will be an important manufacturing hub in future," said Midea Group Vice-President...

Air conditioner manufacturers are tapping the small office home office (SOHO) segment to boost sales this season, in which demand has been ...

Midea's home appliances range includes refrigerators, washing machines, oven toaster griller (OTG), water heater and kitchen appliances.

Carrier Midea India announced commencement of operation at its new manufacturing facility at Bawal, about 60 km near Gurgaon.

Carrier Midea India has appointed DDB Mudra Delhi as its creative agency for the Midea brand of appliances.

Air-conditioner maker Carrier today said it has signed an agreement with China-based G D Midea Holding to form a joint venture.