Telecom billionaire Sunil Mittal’s Bharti Enterprise, along with private equity firm Warburg Pincus, has acquired a combined 49% stake in Haier India, the company said in an official statement.
Post the transaction, Haier India will continue to hold a 49% stake in the business, while the company’s top management will retain the remaining 2% equity. The deal value and valuation have not been officially disclosed. However, an Economic Times report citing industry executives suggested that Haier India could have been valued at around ₹15,000 crore.
Commenting on the investment, Bharti Enterprise said it looks forward to playing a meaningful role in India’s fast-evolving consumer durables sector and aims to leverage the combined strengths of all stakeholders to better serve Indian consumers.
“Bharti is confident that Haier India will further consolidate its position as a leading brand in India, driven by global innovations, enhanced customer service, and best-in-class customer experience,” the statement said.
The transaction comes at a time when India’s consumer appliance market is witnessing strong growth, supported by rising disposable incomes, lifestyle changes, and deeper penetration of household appliances. Haier India has a diversified product portfolio that includes air conditioners, refrigerators, televisions, washing machines, and kitchen appliances.
Over the past seven years, Haier India has delivered a compound annual growth rate (CAGR) of nearly 25% in the Indian market—one of the strongest performances in the sector—driven by consistent growth across product categories and regions.
Disclaimer:
This article is for informational purposes only and does not constitute investment advice.
