Bharti, Warburg Pincus Acquire 49% Stake in Haier India

Bharti Enterprises and Warburg Pincus have announced a strategic investment in Haier India, collectively acquiring a 49% stake. This move aims to bolster Haier India's 'Made in India' strategy and expand its market presence. The Haier Group will retain 49% ownership, with the remaining 2% held by the management team.

• Bharti Enterprises and Warburg Pincus jointly acquire 49% stake in Haier India.
• Haier Group maintains 49% ownership, management holds the remaining 2%.
• Investment strengthens Haier India's 'Made in India' vision.
• Aims to enhance local sourcing, manufacturing, and market penetration.
• Deal values Haier India reportedly around $2 billion, though financial terms are undisclosed.
• Haier India is a leading consumer durables player with robust growth.

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