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HAIER FACTORY
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...- 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...
- 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...
- 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 ...
- After smartphone dominance, appliance makers set to dial in next electronics boomIndian consumer electronics and home appliance sectors are witnessing significant investment. Brands like LG, Samsung, and Haier plan major...
- China electronics casts neighbourly eye on IndiaUS President Trump's tariffs are prompting Chinese electronics companies like Haier, Lenovo, and Hisense to explore exporting from Indian f...
- 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...
- Summer products sales go off the chartsDemand for ACs surges in India as retailers face shortages, leading to production challenges for brands like Haier. Voltas office saw a ret...
- 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...
- Electronic, mobile & auto plants crank up outputIndia’s top consumer electronics, smartphone and auto companies are resuming or raising production this week more than a fortnight after th...
- Companies working hard to keep operations going through stricter curbsWhile companies said some of last year’s hardest-hit operations, including cross-state border logistics are not impacted yet, sales push is...
- Building agile organisations in times of uncertaintyWe do not necessarily need a crisis to ignite our agility. Leaders can cultivate an agile culture in their organizations by breaking free f...
- 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...
- 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 signs MoU with UP to set up Rs 3,000-crore plant at Greater NoidaThe company would invest the entire amount over the next four years in two phases and the production would start by mid of 2020 from this p...
- Haier India to invest Rs 360 crore to double manufacturing capacity at Pune plantThe company is undertaking capacity expansion to keep pace with its target of clocking around 30 per cent growth to touch a turnover of Rs ...
- Haier aims to be among the top five brands in three yearsHaier, had an almost eight per cent market share in refrigerator, consumer electronics and washing machine segment with a Rs 800 crore turn...
- LG, Haier, Samsung hire more; hike R&D spendConsumer electronics giants such as LG, Samsung and Haier are betting big on patents. Samsung India, for instance, has already applied for ...
- Haier opens unit in Pune to manufacture refrigeratorsAiming to be among top five players in the industry by 2009, Chinese consumer durable maker Haier today opened its first refrigerator manuf...
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