Bharti, Warburg Pincus Acquire 49% Stake in Haier India for Growth Push

• Bharti Enterprises and Warburg Pincus jointly acquired a 49% stake in Haier India, the Indian arm of Chinese consumer electronics major Haier Group.
• The strategic investment aims to accelerate Haier India's growth, expansion, and strengthen its 'Made in India, Made for India' strategy.
• Plans include increasing local sourcing, expanding manufacturing capacity, driving product innovation, and boosting market penetration.
• Haier Group retains 49% ownership, with the remaining shares held by Haier India's management team.
• The move capitalizes on India's fast-growing consumer appliances market, where Haier India has seen 25% CAGR over seven years.

Why It Matters: Strategic investment by Bharti and Warburg Pincus aims to supercharge Haier India's market presence and growth.