Masterstroke by Sunil Mittal, buys 49% stake in THIS Chinese firm, not related to telecom, company name is… - News Summed Up

Masterstroke by Sunil Mittal, buys 49% stake in THIS Chinese firm, not related to telecom, company name is…


His flagship group, Bharti Enterprises, has announced a strategic investment in Haier India, the Indian arm of China’s Haier Group. Bharti Enterprises will acquire the stake jointly with global private equity firm Warburg Pincus. Together, the two investors will hold a 49 per cent stake in Haier India, while Haier Group will retain another 49 per cent. The remaining stake will stay with Haier India’s management team. India’s consumer appliance market is witnessing rapid growth, driven by rising disposable incomes, urbanisation, changing lifestyles, and higher demand for premium and energy-efficient products.


Source: News 24 December 24, 2025 13:28 UTC



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