Sunil Mittal‑led Bharti Enterprises and US-based private equity firm Warburg Pincus have agreed to buy a 49 percent stake in Haier India, a leading home appliances company. The deal, announced on December 24, 2025, is a strategic move to strengthen Haier India’s presence in the growing consumer electronics and appliance market.
Under the agreement, Bharti and Warburg Pincus will jointly hold 49 percent, the Haier Group will retain 49 percent, and the remaining 2 percent will stay with Haier India’s management. The financial details have not been officially shared, but industry experts estimate Haier India’s value at around ₹15,000 crore (roughly $1.8–2 billion).
Haier India makes products like air conditioners, refrigerators, TVs, washing machines, and kitchen appliances. It has manufacturing units in Pune (Maharashtra) and Greater Noida (Uttar Pradesh). In recent years, the company has grown steadily, with annual growth rates around 25 percent, showing strong demand for appliances across India.
The new partnership aims to expand local manufacturing and sourcing while bringing in new products and technologies. Bharti Enterprises’ extensive domestic network and Warburg Pincus’s expertise in scaling businesses are expected to help Haier India reach more customers and innovate faster.
Experts see this move as a sign of confidence in India’s consumer appliance market, which is growing due to higher incomes, changing lifestyles, and increasing use of home appliances. The collaboration also highlights cross-border partnerships, as an Indian company and a foreign investor back the local arm of a major Chinese brand.
With this deal, Haier India is set to strengthen its position against competitors like Samsung and LG. The combined support of Bharti, Warburg Pincus, and Haier Group is expected to help the company expand faster and serve more customers across India in the coming years.
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