Bharti, Warburg Pincus Invest in Haier India, Acquire 49% Stake

• Bharti Enterprises and Warburg Pincus announced a strategic investment in Haier India, a subsidiary of China's Haier Group.
• The two firms will collectively own a 49% stake in Haier India, with Haier Group retaining 49% and employees holding 2%.
• The deal value was not disclosed, but industry executives estimated Haier India's worth at Rs 15,000 crore.
• This collaboration aims to accelerate Haier India's growth, leveraging global innovation, Bharti's network, and Warburg Pincus's expertise in scaling brands.
• Haier India, a top three consumer durables company, has achieved a 25% CAGR over seven years, driven by strong market growth and product performance.

Why It Matters: Bharti and Warburg Pincus acquire 49% of Haier India to boost its growth in the booming consumer durables market.