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...
Haier set to cross a billion revenue mark in 2024, aims Rs 11,500 cr next yearHaier Appliances India anticipates crossing $1 billion in revenue in 2024, supported by robust demand and premiumisation trends. The compan...
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...
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...
I-T searches Haier offices, promoters' premisesTill late evening, the search operation was still on and the IT department team may continue its searches for one more day, the official sa...
I-T searches Haier offices in Noida, Mumbai and PuneOfficials said that the searches are in connection with a tax evasion and royalty payment.
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...
Haier makes a Rs 775 crore bet on Indian armThe infusion came after the local subsidiary, Haier Appliances India, more than doubled its authorised share capital to Rs 4,000 crore from...
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 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 to set up Rs 3000 crore manufacturing units at Greater NoidaIt has been allotted 123.7 acre of land in the DMIC Integrated Industrial Township Greater Noida (IITGN) project for setting up manufacturi...
- LG, Haier, Samsung hire more; hike R&D spend
Consumer electronics giants such as LG, Samsung and Haier are betting big on patents. Samsung India, for instance, has already applied for ...