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Bharti Enterprises and private equity heavyweight Warburg Pincus are stepping into India’s fast-growing appliances space with a 49% stake acquisition in Haier India.
Breaking it down: the remaining 49% will stay with Haier Group, keeping the global parent firmly in the driver’s seat.
Haier India is already a familiar name in Indian homes, making everything from air conditioners and refrigerators to washing machines, TVs, and kitchen appliances.
What’s the ambition: scale up manufacturing in India. More local production means faster growth, better supply chains, and a stronger grip on a market that’s heating up quickly.
For Warburg Pincus, this is a chance to bring its deep Asia experience and global playbook to help Haier India boost its expansion.
Zoom out: India’s consumer appliance market is on a strong upward curve, powered by rising incomes, evolving lifestyles, and first-time buyers across the country. The market is expected to grow to $66.3 billion by 2030, clocking a healthy 5.29% on an annual basis.
