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HAIER INDIA
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...
- 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...
- West Asia Conflict: Supply chain woes hit smaller brands harder amid inflationAmid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. Th...
- 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....
- TV industry bracing for decline in sales on rising production costs amid Israel-Iran warThe Indian TV market is experiencing rising costs and a potential dip in sales. Manufacturers are seeing consumers opt for smaller screen s...
- Electronics companies stockpile amid rising input costs and supply chain uncertaintyCompanies are building up stocks of memory chips and plastics. This is happening because input costs are rising and supplies are uncertain....
- 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 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...
- Family offices, PEs team up for $1 bn stake in Haier's India operationsFamily offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are consid...
- 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 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 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 India eyes trebling revenue to Rs 6,500 crore by 2020Haier India, which is expecting to close the year with over Rs 2,000 crore revenue, has invested Rs 490 crore to expand capacity at its man...
- Haier India eyes Rs 1,800 crore sales turnover in 2012Haier India on Friday said it is targeting a sales turnover of Rs 1,800 crore in the country in 2012.
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