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Economy / The Economic Times

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Haier seeks Rs 1,000 cr capital boost; files Press Note 3 for India expansion

Haier Appliances India seeks Rs 1,000 crore capital infusion from its parent company, potentially for a third manufacturing plant in South India. The company has surpassed Whirlpool India in sales, becoming the third-largest consumer electronics firm. This move comes as Haier is also reportedly in advanced talks to sell a 49% stake to Bharti Group.

27 Nov 2025 6:07 pm