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

Bharti Enterprises and Warburg Pincus have collectively acquired a 49% stake in Haier India. This strategic investment aims to bolster Haier India's local manufacturing and market presence, with Haier Group retaining an equal 49% ownership.

• Bharti Enterprises and Warburg Pincus invest in Haier India.
• They collectively acquire a 49% stake in Haier India.
• Haier Group retains 49% ownership; employees hold 2%.
• Investment aims to boost local manufacturing and market share.
• Haier is a Chinese company, not Korean, clarifying origin.
• Deal is set to reshape India's consumer durables market.

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