Haier India is ushering in a new phase of growth with US private equity major Warburg Pincus and Bharti Enterprises coming on board as strategic investors. The partners will acquire a 49% stake in the Indian arm of the Chinese home appliances giant, marking one of the most significant deals in India’s consumer durables sector this year.
Under the agreement, Haier Group will continue to hold 49%, while Haier India’s management team will retain a 2% stake, ensuring continuity of leadership. The financial details of the transaction were not disclosed.
The fresh infusion of capital is expected to sharpen Haier India’s focus on local manufacturing, product innovation, and deeper market reach. With India emerging as a key growth market for global appliance brands, the partnership is designed to strengthen Haier’s competitiveness across its supply chain and accelerate its expansion plans.
The move comes at a time when Chinese companies in India are increasingly seeking local partnerships amid tighter regulatory scrutiny following the 2020 border tensions. For Haier, bringing in well-established Indian and global investors aligns the business more closely with India’s manufacturing and policy priorities.
Haier India has built steady momentum, posting annualised growth of nearly 25% over the past seven years. Looking ahead, the company is targeting 35–38% revenue growth in FY26, with ambitions to scale revenues to ₹14,500 crore. A proposed ₹3,500 crore investment in a third manufacturing facility is also on the anvil, reinforcing its long-term commitment to the Indian market.
Founded in 2003, Haier India operates manufacturing facilities in Pune and Greater Noida and competes in a crowded market dominated by players such as LG, Samsung, Voltas, Godrej, Panasonic, Daikin, and Whirlpool. With Warburg Pincus and Bharti now in the fold, Haier India is positioning itself for its next chapter of accelerated growth.
BY: Nirosha Gupta
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